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Service Software Making Inroads
Nov 18, 2009 | Wall Street Journal | by Jessica
Hodgson.On-demand software companies, like Salesforce.com Inc. and
Netsuite Inc., are benefiting from the recession, grabbing new corporate
customers faster than their traditional software competitors.

Revenue increased by more than 10% at each of the three largest
on-demand software companies by market capitalization in the last
earnings period.

By comparison, Oracle Corp. and SAP AG, the world's largest on-site
business software makers, posted single-digit declines. Market watchers
say more gains are likely as companies become familiar and comfortable
with the software.
SaaS  Freshbooks  Salesforce  oracle  SAP 
november 2009 by jerryking
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