According to InformationWeek, “On-demand software startup Workday has clinched its biggest deal yet — and the largest known in the software industry — to provide an electronics company with a human-capital management software service for 200,000 employees. It’s the strongest proof yet that large companies have started to embrace the software-as-a-service delivery model.”
This is pretty [...]
SaaS is a new model of how software is delivered. SaaS refers to software that is accessed via a web browser and is paid on a subscription basis (monthly or yearly). Different from the traditional model where a customer buys a license to software and assumes ownership for its maintenance and installation, SaaS presents significant [...]
According to Gartner, Inc., the worldwide SaaS market reached $6.3 billion in 2006 and is forecast to grow to $19.3 billion by year-end 2011. Similarly, accordingly to IDC, the SaaS market will reach $10.7 billion by 2009.
