Microsoft is the fastest growing vendor in the enterprise Software as a Service (SaaS)

October 14th, 2018 by Stephen Jones Leave a reply »

A recent report from Synergy Research Group, indicates that Microsoft is the fastest growing vendor in the enterprise Software as a Service (SaaS) market with annual revenue growth of 45%.

The report, covering the year to Q2 2018, also puts Microsoft at number one in market share with 17% of the global enterprise SaaS market, ahead of: Salesforce, Adobe, Oracle and SAP.

The market for SaaS enterprise business applications: customer relationship management (CRM) and enterprise resource planning (ERP), is still relatively small compared to on-premises software deployment accounts for 85% of total enterprise software spending.

Last quarter, the enterprise SaaS market generated $20 billion in revenues, a figure Synergy forecasts will continue to grow strongly “across all SaaS segments and all geographic regions”.

https://www.srgresearch.com/articles

Advertisement

Comments are closed.