Worldwide software-as-a-service (SaaS) revenues are expected to defy the tough economy and grow 18 percent in 2009, to reach $7.5 billion, research firm Gartner predicts.
Gartner says the SaaS market will show consistent growth through 2013, when worldwide revenues are expected to top $14 billion for the enterprise application markets.
“The composition of the worldwide SaaS landscape is evolving as vendors continue to extend regionally, increase penetration within existing accounts and ‘greenfield’ opportunities, and offer more-vertical-specific solutions as part of their service portfolio or through partners,” Gartner research director Sharon Mertz said in a statement.
Mertz added that adoption Read the rest of this entry »