PAYX - Our SaaS Picks: Playing Defense In The Software Space
Source: questoraclecommunity.org.
Overview
By 2021, 75% of the global cloud workloads will be Software-as-a-Service (referred to as "SaaS"), according to research by Cisco Systems (CSCO). Meanwhile, International Data Corporation, a market research firm, believes that by 2021, USD1 out of every USD3 spent on software will be in the form of SaaS subscriptions.
Seizing upon the opportunity created by cloud computing, the SaaS model has been transforming the relationship between the customer and the software, offering several advantages for multiple parties:
- The software company can focus more on the core business - software