Managed Hosting News 
Wednesday, 15th December 2010, 17:00:00
SaaS revenue to soar as more firms turn to managed hosting
Revenue generated by businesses getting their applications through managed hosting is set to increase this year, according to new figures.
The software-as-a-service (SaaS) market is predicted to hit $9.2 billion (£5.87 billion) in 2010, a 15.7 per cent rise on 2009 where $7.9 billion was spent.
Research analyst Gartner also estimated that the market will continue to grow next year with revenues set to rise by a further 16.2 per cent on this year's figures.
Sharon Mertz, research director at Gartner, said that applications through managed hosting are becoming more popular for businesses looking for a low-cost solution.
"Initial concerns about security, response time and service availability have diminished for many organisations as SaaS business and computing models have matured and adoption has become more widespread," she said.
Gartner's chief of infrastructure Dave Cappuccio said last month that the capacity for SaaS could increase in the coming years as data centres become more efficient.
Posted by Henry Thomas
Categories: | Managed Hosting |
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