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Purchasing in Q3 reflected both economic downturn and summer doldrums. While on-premise vendors continued massive double digit declines in year-over-year new license revenue, SaaS vendors faced some pressures in keeping up with tremendous growth. However, long term economic outlook still favor SaaS players and early indications on Q4 budget flush indicate that SaaS and Cloud [...]
Competition Intensifies For The Small And Medium Organization’s Software Budget
Software vendors such as Oracle and SAP can no longer rely on their large enterprise customers for double digit year-over-year growth. In fact, their customers have not only reached a saturation point in being able to consume new solutions, but have also faced demands to cut [...]
Most on-premise vendor continue to slip into significant YoY losses in license revenue and overall revenues. Meanwhile, economic conditions continue to favor SaaS, best-of-breeds, and purpose built solutions. Major themes in the 2009 Calendar Year Q2 include:
Economic conditions drive demand for best of breed and point solutions delivered by SaaS deployment. Consequently, SaaS vendors posted [...]
Almost every inquiry over the past 3 months has ended up with at least one question about what vendors are doing to help their clients amidst an economic recession. As blogged in the October 12, 2008 posting on “5 Steps to Restoring Trust in the Vendor - Customer Relationship” the issue of credibility and trust [...]
With a few days left in the year, it’s hard to believe that 2008 is almost over. Just like our paltry .401K’s and lowered gas prices, it’s like we reverted to the Dot Com bust. Extreme contrasts in positions and tremendous change made 2008 both exciting, suspenseful, and frankly sobering like 2002. In fact, it [...]
Let’s hope the government finds the most equitable and expeditious solution to the current financial crisis. Without access to credit lines, enterprises lack the financial means to respond to the current economic downturn by transitioning their legacy systems and transforming their business processes. Tech vendors who lack vendor led financing options will be the [...]
Vendor Financing Options Provide a Key Weapon in Battle for Tech Spending
On June 28th, 2008, Infor and IBM Global Financing (IGF) announced a worldwide customer financing program for Infor customers. With the worsening global crunch on credit, this program provides Infor’s customers with:
Access to a line of credit for key tech investments. Similar [...]
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