TechNavio recognizes the following companies as the key players in the Global Software as a Service Market: Salesforce.com Inc., Microsoft Corp., Google Inc., Cisco Systems Inc., Amazon.com Inc., IBM Corp., Hewlett-Packard Co. (HP), and Oracle Corp.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”The financial crisis has forced many government organizations to think in terms of reducing their IT-related expenses. Hence, a cost-effective SaaS solution for enterprise application deployment with better features and agility seems to be the best option for many such organizations. The cloud has become an integral part of conventional IT in both small and large government agencies. Its key benefits have been established and accepted. These benefits include simplified management of software maintenance and upgrades, low upfront costs, effective security, high reliability, and integrative capabilities to connect the functional gaps in existing systems and processes. Therefore, cloud-based software solutions will gain increasing adoption in government organizations during and immediately after the economic turbulence, because they give end-users the ability to innovate and manage business at a significantly lower absolute cost.”
According to the report, one of the major drivers in the market is the need to reduce total cost of ownership. With SaaS, the risk and resource requirements associated with the responsibility for implementation, continuous operation, backups, updates, and infrastructure maintenance of the applications is shifted from internal IT departments to SaaS vendors or service providers.
Further, the report states that the increasing concern about data security is one of the major challenges confronting the market. Many end-users are concerned about the data security policies governing the cloud-based solutions of various vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Amazon, IBM, HP, Oracle, Symantec Corp., CA Technologies Inc., SAP AG., Skytap Inc., BMC Software Corp., NetSuite Inc., and Quest Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-software-service-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report -Global Software as a Service Market 2012-2016
