Wednesday, 05 March 2014 06:56
Written by Ilva Pieterse
According to Gartner, public cloud services globally are expected to reach $131 billion in revenue in 2013, up from $111 billion in 2012. Software-as-a-Service (SaaS) offerings are expected to account for 14,7% of the estimated $131 billion cloud service revenues in 2013. This translates to approximately $20 billion in cloud application sales in 2013, and presents a huge opportunity for on-premise software developers.
