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Gartner: Software as a Service Market to Grow 17.9 Percent to $14.5 Billion

Global spending on SaaS (software as a service) will rise 17.9 percent this year to US$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 Sha
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