Companies in western Europe have reached the stage where they are ready to adopt software as a service (SaaS), according to a new study.
Research carried out by IDC found that 37 per cent of IT bosses polled say they would consider investing in such solutions in the next two years.
Some 35 per cent said they would look to replace existing CRM solutions, while 32 per cent said they were looking for supply chain management solutions.
“We believe SaaS spending will be directed at new applications and at replacement of broken applications, rather than at ripping and replacing working solutions,” said Bo Lykkegaard from IDC.
“European organisations seek to leverage the SaaS delivery model to reduce risk, complexity, and upfront costs of new IT initiatives.”
A recent study from BIW Technologies found that SaaS revenues are likely to double by 2011 to reach £2.5 billion a year.
If you enjoyed this post, make sure you subscribe to my RSS feed!

