SaaS Set To Grow In Asia

Software-as-a-service is set to explode as a means of delivering software to businesses in Asia. This is as per a report by Springboard Research. The SaaS CRM market is estimated to be worth a very impressive $69 million and expected to touch $460 million by the year 2010, this is a CGR of 61%. The countries that will feature predominantly in this include Australia, Singapore, Hong Kong, Korea, India, and China.

This can only be good news for SaaS vendors all over the world including SAP, Oracle, and Microsoft. The region’s interest in SaaS CRM will boost its legitimacy as a vehicle for delivering software for large enterprises. Companies such as Salesforce.com have already started wooing the big companies with their on-demand CRM products.

Read more here and here.