Articles about SaaS

A new study of SaaS usage among enterprises across the US, UK and Europe shows 74 percent report more than half of their applications are now SaaS-based, and 66 percent are spending more on SaaS applications today than a year ago.

The study by cybersecurity asset management company Axonius shows the increase in SaaS applications has resulted in more complexity and increased security risk in 66 percent of organizations, but 60 percent rank SaaS security fourth or lower on their list of current security priorities, and only 34 percent say they're worried about the costs associated with rising SaaS-based app usage.

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As organizations have adapted to the evolving digital landscape, there has been a meteoric rise in popularity of Software-as-a-Service (SaaS) as a business model. This is best illustrated by Gartner’s predicted increase in worldwide SaaS end-user spending value to reach $176.6 billion in 2022. The analyst firm further predicts worldwide public cloud spending to reach almost $500 billion by the end of 2022.

Affordability and flexibility are the principal drivers for businesses to move their data environment and applications from their own infrastructure to centrally located services on a remote cloud network. However, trusting arguably their most important asset -- their data -- with an outside entity often raises some concerns around data governance, compliance, costs, and beyond. Before making an investment, it’s sensible to carry out a self-assessment process on the basis of ten most commonly asked questions:

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Integration Platform as a Service (iPaaS) is the most important factor in competitiveness, say 74 percent of companies in a new survey.

The research, carried out by Forrester Consulting for Celigo, also shows that 67 percent of respondents from organizations that don't have iPaaS say a lack of visibility into the data needed to make real-time decisions and a lack of data integrity due to manual data entry, delays, incompleteness and errors are major challenges of their firms' current SaaS landscapes.

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According to a new report, 45 percent of businesses have experienced a cloud-based data breach or failed audit in the past 12 months, up five percent from the previous year.

The latest Cloud Security Report from Thales also shows multi-cloud adoption is accelerating with 72 percent of organizations using multiple IaaS providers compared to 57 percent in 2021.

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Software-as-a-service has become increasingly popular and the market for it is still growing -- expected to reach $264 billion (£207 billion) by 2026.

SaaS sales are being driven by more companies continuing to digitize their operations in a post-COVID-19 world. We spoke to Paul Quigley, CEO and co-founder of predictive, real-time media monitoring platform NewsWhip, to discover how using SaaS can improve operations for a company, help grow the business, and even offer insights into human behavior.

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A new study shows that 69 percent of tech executives believe shadow IT is a top security concern related to SaaS adoption.

The report from automated SaaS management platform Torii reveals 41 percent of executives say challenges with SaaS spend visibility and optimization have impacted the way their organization operates.

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As companies begin their yearly evaluation of goals and objectives there may be some new discussions brewing. The need for companies to adapt their product development processes to support new types of supplier collaboration, flexible sourcing strategies, and digital transformation efforts has caused a paradigm shift toward more flexible, sustainable platform technologies that enable them to rapidly adapt to disruptions and opportunities in the market.

These new demands on businesses have stretched the limits of their legacy PLM software. Overly customized PLM software with a history of creating unresolved technical debt is driving many companies to a point of reflection -- questioning where do we go from here? Do we spend millions redeploying or trying to painfully upgrade our traditional PLM software? Will those efforts make our business more resilient and more agile? Here are four questions every company must answer:

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According to a new report, 60 percent of IT decision makers say cloud capabilities have been pivotal to helping their organization grow.

The study by Foundry finds this number increases to 64 percent for enterprises and 58 percent for SMBs. The research also shows that on average, organizations will allocate 32 percent of their total IT budget to cloud computing with the total average spend being $78 million over the next 12 months, up from $73 million in 2020.

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Software as a Service (SaaS) is increasingly taking the place of traditional, on-premises software. In an analysis of the 2021 SaaS market, Gartner estimated that global end-user spending on public cloud services grew 23.1 percent to $332.3 billion. SaaS alone accounted for $122.6 billion and is projected to top $145 billion in 2022.

The drivers behind the success of SaaS are clear. There’s no on-premises equipment or software to buy or manage, pricing is lower and is more flexible than perpetual licenses. Less cost, less complexity, less aggravation for IT -- that’s a pretty convincing proposition.

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Software-as-a-service (SaaS) companies saw their revenue growth slow by 46 percent in 2021 compared to 2020, according to a study released today by payments infrastructure firm Paddle.

Thanks to increased demand for software tools as businesses accelerated their digital transformations and shifted to remote working amid the pandemic, SaaS businesses’ revenue soared on average by 78 percent in 2020.

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Analysis of security events across more than 120,000 user accounts last year shows that the vast majority of attacks on top SaaS platforms such as Microsoft 365, Google Workspace, Slack and Dropbox are coming from Russia and China.

The latest SaaS Application Security Insights (SASI) Report from SaaS Alerts also suggests these countries may be coordinating attack efforts. Attack trend lines that compare Russia and China show almost exactly the same pattern.

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A new report from IT management specialist Flexera looks at how organizations have adapted their technology to meet the demands imposed by the pandemic.

It reveals information technology asset management (ITAM) trends relating to responsibilities and challenges introduced by the increased use of new IT environments such as software-as-a-service (SaaS), cloud and containers.

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Increasing numbers of apps are moving to an SaaS model and containers, but the security of these applications doesn't always get much attention.

We spoke to BetterCloud CEO, David Politis who believes that SaaS security is an area that businesses need to take much more seriously.

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According to a new report 40 percent of all SaaS assets are un-managed, leading to a greater degree of internal, external, and public access to sensitive data.

The report from data access company DoControl categorizes data by insider and external threats. It finds that, in companies analyzed, an average of 400 encryption keys are shared internally to anyone with a link.

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We've looked before at the phenomenon of Initial Access Brokers, cybercriminals who breach systems and then sell access to the highest bidder.

It seems that during the pandemic IABs have been busy improving their business model. New research from threat intelligence company KELA shows that pricing is often determined by company size and the level of privilege on offer within the compromised network, with $5,400 as the average price for network access, and $1,000 as the median price.

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