Growing adoption rate and new services boost SaaS revenues

Growing adoption rate and new services boost SaaS revenues

By Max Burkhalter
November 5, 2014

Support from startups and new services
New applications for Software-as-a-Service solutions are being developed by startup companies vying for attention in a crowded market, said Tech Circle. Innovation is happening locally and abroad, proving companies with a global buffet of SaaS solutions. Developers in India, for instance, recently met at the Tech Circle SaaS 2015 Forum in Bangalore to discuss new strategies for earning a piece of the nation's $30 billion in annual IT spending. Topics included the introduction of annual maintenance checks and new strategies for fee schedules.

In the United States, small to medium SaaS providers are likewise debuting new services to drum up business. N.Y.-based jKool, for example, has developed a service that interprets a company's time-sensitive data to produce big data analytics for customers. New users can try out jKool's service through a free introductory period offering 1 billion data points over two weeks.

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