With a surge in the adoption of Cloud-based services in India, Software-as-a-Service (SaaS) is one area that is growing faster that ever before. According to a top Oracle India executive, this is because businesses — from large to small — have realised that SaaS solutions are scalable, agile and secure.
SaaS will be the biggest Cloud market and will double to $75 billion by 2020 globally, says Gartner. In India, the SaaS business grew at the rate of 33 per cent (year-on-year) in 2017.
“We believe that SaaS will actually meet burgeoning customer expectations in India as well as globally. We have witnessed the shift in customer mindset, primarily because of the benefits that some of the early starters have managed to achieve by implementing and rolling out SaaS-based applications,” Prasad Rai, Vice President – Applications at Oracle, told IANS. (Source)