{"id":221,"date":"2007-02-22T09:19:22","date_gmt":"2007-02-22T17:19:22","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=221"},"modified":"2007-02-22T09:19:22","modified_gmt":"2007-02-22T17:19:22","slug":"saas-more-numbers-pointing-towards-growth","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/saas-more-numbers-pointing-towards-growth\/","title":{"rendered":"SaaS: More Numbers Pointing Towards Growth"},"content":{"rendered":"

SaaS<\/a> continues to grow rapidly.\u00a0 ACA Research’s<\/a> recent study (sponsored by Salesforce.com)\u00a0estimates<\/a> that the SaaS market will double in 2007.\u00a0 Problems that could delay adoption cited in the survey include security, bandwidth, and loss of control of data.\u00a0 But many companies struggle with qualified staff shortages and with managing software on-site.\u00a0 The SaaS model can help these companies reduce the total cost of ownership.<\/p>\n

Also of interest are new numbers from SaaS trail-blazer Salesforce.com.\u00a0 Salesforce.com reported results<\/a> yesterday for the quarter ending January 31st.\u00a0\u00a0Sales of internet-based business software rose 58% and revenues were just short of half a billion dollars.\u00a0 On the negative side though, quarterly profits plummeted 91%.\u00a0 During the quarter, Salesforce added 90,000 new subscribers, bringing their total subscriber base to 646,000 from 2,700 customers.\u00a0<\/p>\n

Salesforce has more than 47 customers with more than 1000 subscribers each.\u00a0 Among these, Cisco<\/a> has 25,000 subscribers, and Dell more than 15,000.\u00a0 CEO Marc Benioff’s plan is to invest in both R&D and sales to battle more traditional competition coming from Oracle and SAP.\u00a0 In the short term, profits have taken a hit, but longer term, Salesforce could extend its lead in becoming the dominant player in the on-demand world.<\/p>\n

\"Digg<\/a><\/div>
\"Reddit<\/a><\/div>
\"Stumble<\/a><\/div>
\"Buzz<\/a><\/div>
\"Vote<\/a><\/div>
\"Share<\/a><\/div>
\"Bookmark<\/a><\/div>
\"Kick<\/a><\/div>
\"Shout<\/a><\/div>
\"Share<\/a><\/div>
\"Bookmark<\/a><\/div>
\"Post<\/a><\/div>
\"Google<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"

SaaS continues to grow rapidly.\u00a0 ACA Research’s recent study (sponsored by Salesforce.com)\u00a0estimates that the SaaS market will double in 2007.\u00a0 Problems that could delay adoption cited in the survey include security, bandwidth, and loss of control of data.\u00a0 But many…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-221","post","type-post","status-publish","format-standard","hentry","category-saas"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=221"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/221\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}