Posts tagged SaaS
Creativity Will Separate Leaders from Laggards as Demand for SaaS Plateaus in 2023 -- Greg Latson

Buoyed by the COVID-induced shelter-in-place workforce, the software as a service (SaaS) market has enjoyed a surge in demand over the past two years. However, despite the fact that global enterprise spending on SaaS grew from $146 billion in 2021 to reach a projected $195 billion by 2023, there is no shortage of providers competing for a piece of that pie, according to marketing enthusiast -- and SaaS marketing guide -- Greg Latson.

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Frost & Sullivan States Technology Integration will have Strategic Implications on Future Growth of the Digital Grid Market

Frost & Sullivan’s recent analysis finds that technological advancements and countries’ emphasis on climate change policies are expediting market growth of the global digital grid. As a result, the market is likely to garner $9.21 billion in revenue by 2030 from $8.15 billion in 2020, an uptick at a moderate compound annual growth rate of 1.2%.

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Data Resilience and Operational Continuity Strategies for the Utilities Industry

As the industry comes to grips with the highly disruptive implications of a once-in-a-generation pandemic event, executives are bracing themselves for continued volatility as incidences of unprecedented weather events rise, and bad actors target critical infrastructures with malware and ransomware attacks.

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Artificial Intelligence Software Growth Will Fall Below Current Investor Projections, Finds Forrester

The overall artificial intelligence software market will grow to $37 billion by 2025, but will fall below current investor projections of $150 to $200 billion for the same time period. Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products more frequently.

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Worldwide Public Cloud Services Market Totaled $233.4 Billion in 2019 with the Top 5 Providers Capturing More Than One Third of the Total, According to IDC

The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26.0% year over year in 2019 with revenues totaling $233.4 billion, according to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker.

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Worldwide Public Cloud Services Market Totaled $233.4 Billion in 2019 with the Top 5 Providers Capturing More Than One Third of the Total, According to IDC

The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26.0% year over year in 2019 with revenues totaling $233.4 billion. Spending continued to consolidate in 2019 with the combined revenue of the top 5 public cloud service providers capturing more than one third of the worldwide total and growing 35% year over year.

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Microsoft Takes Top Spot for Total Cloud Services Revenue, While AWS Remains Leader for IaaS:IHS Markit

Microsoft in 2018 became the market share leader for total off-premises cloud service revenue with 13.8 percent share, bumping Amazon to the #2 spot with 13.2 percent; IBM was #3 with 8.8 percent revenue share, according to IHS Markit. Microsoft’s success can be attributed to its comprehensive portfolio and the growth it is experiencing from its more advanced PaaS and CaaS offerings.

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