How SaaS growth is reshaping Business strategic models

• 1 min read

The cloud today is changing the way organizations, employees, and partners interact and work together. Using cloud technology, we are not only more efficient and more effective, but the technology truly becomes an enabler for collaboration.

According to Gartner, Software-as-a-Service, or SaaS, will continue to experience healthy growth through 2014 and 2015 when worldwide revenue is projected to reach around $22 billion.

We have seen a spectacular growth in the SaaS industry in recent years and will have continued growth for at least the next three years.

Global Saas Revenues

The SaaS model is also playing a big role in increasing the market size of E-Learning. The adoption of a SaaS LMS is the first choice for SMEs, but also for big companies.

Within the whole SaaS segment, big companies are switching to SaaS LMSs from in-house solutions or are using a SaaS LMS as a secondary learning system for special training purposes.