Most of Microsoft’s growth can be directly attributed to the huge growth in the adoption of Office 365 during the last two years.
New Q4 2016 data from Synergy Research Group released Maarch 10 indicates that the enterprise SaaS (software as a service) market grew a whopping 32 percent year over year to nearly $13 billion in quarterly revenues, with ERP and collaboration being the highest growth segments.For the third successive quarter, Microsoft was the clear leader in overall enterprise SaaS, having overtaken longtime market leader Salesforce. Most of this growth can be directly attributed to the huge growth in the adoption of Office 365 during the last two years.Other leading SaaS providers include SAP, Oracle, Adobe, ADP, IBM, Workday, Intuit, Cisco Systems and Google. Among the major SaaS vendors those with the highest growth rates were Oracle and Google, the latter thanks to a big push for its G Suite collaborative apps.
For Full Story, Please click here.