Virtual Internet Investigate the Growth of SaaS

LONDON, August 22, 2012 /PRNewswire/ --

Software-as-a-Service (SaaS) is just one type of service Virtual Internet provides to consumers and they have been looking at the impact SaaS has had on cloud hosting and IT services around the globe.

Virtual Internet, a cloud hosting vendor, in their recent White Paper revealed great revenue benefits to Independent Service Vendors (ISVs) regarding the sale of SaaS.

Virtual Internet's Managing Director, Patrick McCarthy, has been explaining: "Our recent research found that the SaaS model shows a smooth and steady revenue climb that surpasses on-premise software. Even during a time of financial uncertainty, subscription revenue should still remain stable for SaaS. In addition, it opens doors to new SME markets that on-premise software simply won't allow."

Patrick went on to add: "Through the engineering of a SaaS product, ISVs are also given a buffer zone against potential competitors emerging in other locations around the world, such as Asia and Latin America for example. A first mover advantage can be established through the use of SaaS"

In addition, Virtual Internet's research, included in their White Paper, has found that by the end of the year, cloud spending will have reached $61 billion with SaaS generating over half of this amount. By 2015, Virtual Internet has predicted that SaaS spending will reach a total of $78 billion with SaaS now becoming truly global. The Asia/Pacific region, for example, is growing at a rate of 30% per year.

Virtual Internet is a cloud hosting specialist that was founded in 1996 as a provider of high availability hosting solutions for corporations. The cloud services offered by Virtual Internet include cloud servers, private cloud and hybrid cloud. They deliver a dynamic environment for hosting IT assets with the added flexibility of being able to change resource requirements at any time and in conjunction with a corporation's objective. Virtual Internet has also recently launched their latest product, the Virtual Datacentre.

If you would like any more information on the services provided by Virtual Internet, please do not hesitate to visit their website where you will find in-depth explanations of all the services they offer.

SOURCE Virtual Internet

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