Death of On Premises Vendors Greatly Exaggerated

Sap’s acquisitions of SuccessFactors and now Ariba are examples of rapid consolidation of SaaS providers by large established on premises vendors. Oracle’s acquisition of Rightnow, and Taleo are further cases in point. Conventional wisdom was the cloud would be so disruptive to software industry titans that their long term viability would be questionable. Many forgot the lessons of the “.com” boom and bust. Back then the main topic of conversation was the death of traditional Brick and Mortar companies because of high flying “.com” e-tailers.

Read the source article at Gartner Blog Network

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