The SaaS catalog definition, provisioning, management, and usage tracking service software publishers have been waiting for!
For Enterprise organizations, utilization of Software as a Service (SaaS) applications means easier budgeting, faster deployment, and reduced risk. For cloud service providers and established on-premise software publishers alike, SaaS presents a new opportunity to give customers what they want – while ensuring recurring revenue streams and exploring new markets. It is no wonder that industry-leading analyst firm Saugatuck Technology predicts that 45% or more of new enterprise IT spend will be devoted to cloud-based applications by 2014 and that IDC predicts that by 2010 nearly 65% of new product from established ISVs will be delivered as SaaS services and nearly 85% of net-new software firms coming to market will be built around SaaS service composition and delivery. Software vendors who don’t adapt will be left behind/replaced by vendors who do offer cloud based options.