Global spending on SaaS (software as a service) will rise 17.9 percent this year to $14.5 billion, according to figures released Tuesday by analyst firm Gartner.
SaaS market growth will remain strong through 2015, when spending on the software is expected to hit $22.1 billion, according to Gartner.
The spending rise is attributable to greater familiarity with how SaaS works, growth in related PaaS (platform as a service) offerings, and IT budgeting considerations, Gartner research director Sharon Mertz said in a statement. SaaS products are typically sold via subscription, allowing companies to avoid large up-front licensing fees and capital costs.
North America is the most mature and largest SaaS market, expected to generate $9.1 billion in revenue this year, compared to $7.8 billion last year.
Will Google Big Query Transform Big Data Analysis?
By Doug Henschen InformationWeek
BigQuery offers the following features:
Speed - Analyze billions of rows in seconds
Scale - Terabytes of data, trillions of records
Simplicity - SQL-like query language, hosted on Google infrastructure
Sharing - Powerful group- and user-based permissions using Google accounts
Security - Secure SSL access
Multiple access methods - Connect to BigQuery using the BigQuery browser, the bq command-line tool, the REST API, or Google Apps Script
BigQuery is also ideal for: