Is SaaS Already Huge?

We all hear the hype about SaaS and Cloud opportunities, well don’t take it from me I have only been doing this for over 30 years but here are some quotes from the pros that have a pulse on the industry.

1.  Gartner estimates that, over the course of the next five years, enterprises will spend $112 billion cumulatively on software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS), combined.

2.  June 22, 2010 —   Worldwide cloud services revenue is forecast to reach $68.3 billion in 2010, a 16.6 percent increase from 2009 revenue of $58.6 billion, according to Gartner, Inc. The industry is poised for strong growth through 2014, when worldwide cloud services revenue is projected to reach $148.8 billion.

3.  CRN Software-as-a-Service (SaaS) is the fastest growing segment of cloud computing and will be instrumental in pushing the cloud market to $25 billion in the next three years, a new report from revealed.

So what is my point? Simple, from online backup to hosted apps and complete Virtual Desktops cloud is here to stay and growing faster than anything I have seen.  Heck who would have ever thought that everyone would someday have a cell phone and now a smart phone.

About steveferman

I am the creator and owner of eTegrity systems International, a cloud based Backup and Recovery provider for Msp's and Vars. I am also the President of Compunite Computers, inc. a 22 year old MSP and named top 100 MSp's 3 years running. I am known as the busiest man in backup and also do a lot of speaking for industry publications like IT world and Msp Alliance. I hope I can share some good insights and knowledge from my over 30 years in the industry.
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