Note: Running Fridays in FromGregsHead.com, is a continuing series of tips brought to you by Greg Price. These run Saturday mornings during the BusinessMaker’s Radio Show on KPRC 950AM. Audio files can be found on the PKF Texas – Entrepreneur’s Playbook® page of the PKF Texas website.
Software as a Service or SAAS as it’s commonly referred to is here to stay. The question is whether many software and infrastructure providers can properly take advantage of such a strategy for their businesses.
Recent studies have indicated that SAAS made up about 1% of the $18 billion IT management software market during 2008 and projections are increasing to 10% by 2013, by which time many SAAS brands will be well established. The most successful SAAS product offering known to date is salesforce.com, which experts are predicting will top $1 billion in revenue in the near future.
And recently these same studies indicated that many Small and Medium Businesses (SMBs) are also becoming more aware of, and accepting of these environments.
Here at PKF Texas we have recently joined the SAAS world through a combination of our ERP application Dynamics NAV and our SAAS business partner SAAS Plaza. We can now offer our customers and prospects a choice between owning their own application and infrastructure, or, providing an alternative SAAS solution. We will have more on the topic of SAAS and NAV in the future, but if you are interested in such a solution for your business, contact us.