THINKstrategies/Cutter Consortium Survey Finds SaaS Market Surging, Customer Satisfaction Rising
THINKstrategies’ fourth annual Software-as-a-Service (SaaS) customer survey, in conjunction with Cutter Consortium, revealed that 63% of the responding organizations are using a SaaS solution, almost double the 32% who were using SaaS solutions in 2007!
Over the past four years, THINKstrategies and Cutter have been charting the growth of the SaaS market with a series of yearly customer surveys. Our surveys were the first to find widespread interest and substantial adoption of SaaS in 2005.
In 2006, we began to see businesses of all sizes adopting SaaS solutions specifically designed to meet their vertical market needs, as well as their horizontal application requirements.
In 2007, we found customers were beginning to examine the platform capabilities of SaaS vendors as they sought to identify those vendors that could serve as strategic sources for their SaaS requirements. We also found growing acceptance of SaaS solutions by IT professionals who were beginning to adopt SaaS solutions to help them better manage their IT operations.
This year, our vanguard research has uncovered a new round of important market trends that have implications for IT and business decision makers, SaaS providers and independent software vendors (ISVs), channel companies, integrators, and investors. In addition, our survey found customer satisfaction has risen to a whopping 97% of responders!
Click here to obtain the first of a series of three Executive Update reports based on our latest SaaS survey results. Contact me if you’d like to discuss the implications of our findings on your company, or to learn more about our services aimed at helping companies capitalize on SaaS to achieve their business objectives.