With increasing globalization and competition from across the globe, businesses have little choice but to accelerate their adoption of new technologies to stay competitive in this complex business environment. This has huge cost implication and the CEO / CIO (s) of these corporations are forced to look for solutions that can act as catalyst for key business drivers, accelerators for increased productivity, and pave the path to industry leadership. SaaS based solutions can act as a source of strategic business advantage by the virtue of their shorter implementation cycles, lower TCOs, and high ROIs. The organizations also benefit from their ability to be agile and move to a different solution in case they are unable to reap the promised benefit as investment based on SaaS models are often associated with lower upfront investments.
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