29 Jun '11, 9pm

Eyeing a slice of the #SaaS pie #cloud

SINGAPORE - Singapore's telcos are tying up with global partners for a slice of the growing software as a service (SaaS) market that is expected to expand at a compound annual growth rate of almost 40 per cent until 2014. By that time, Frost and Sullivan says the industry is expected to reach S$S338 million. With an eye on the growing market, Microsoft has announced the availability of Microsoft Office 365 cloud office solutions in Singapore. The software allows easy virtual interaction for colleagues, with services such as virtual file sharing. Local telco StarHub has been appointed Microsoft's syndication partner for the small and medium-sized businesses or SMB market. Currently, SMBs account for roughly 90 per cent of all enterprises in Singapore. Since it is a largely untapped market for the online arena, analysts and industry players say this is where the growth is at...

Full article: http://www.todayonline.com/Business/EDC110630-0000247/Eye...

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