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Gartner Report-Total SaaS revenue will double by 2012

Posted by: a2zapps on: October 23, 2008

MUMBAI, INDIA: Worldwide software-as-a-service (SaaS) revenue in the enterprise application markets* is on pace to surpass $6.4 billion in 2008, a 27 per cent increase from 2007 revenue of $5.1 billion, according to Gartner, Inc. The market is expected to more than double with SaaS revenue reaching $14.8 billion in 2012.

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