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This segment is a part in the series : Forbes Column 08
Very well agreed, the cost savings are very high and uncomparable and corporates are bound to turn to new ways of cutting costs. Although the markets which these companies are targetting are not big enough. The SME segement mentioned is spending $500 bn on IT Services but can the entire market be converted to SaaS.
Way back in 2002 when SaaS started, there was a lot of buzz, and lot of analysts and researchers concluded saying that the application space will remain while SaaS grows side by side.
It is true that this segment is a recession-proof-corner but the point is to what extent. Application space is here to remain. I agree with you but trying to put a different dimension and ask the question to what extent?
Wow, I didn’t know you were published in Forbes! Congratulations. Glad to see your sophisticated insights being recognized by the MSM. 😉
We use Concur at work for expense reporting and it’s a nice application.
Thanks, John. This is a recent development, whereby I am doing a weekly column on Forbes.com.
[…] SuccessFactors (SFSF) – Software-as-a-Service is a strong trend. The Talent Management sector is doing well. SuccessFactors has an excellent management team, and Lars is a great CEO. Suggested readings: my interview with the Lars Dalgaard, CEO, stock analysis from Q108, Q208; Talent Management sector analysis from Q208, and my Forbes column, A Recession-Proof Corner of the Tech Sector . […]
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