August 14, 2010 – (HOSTSEARCH.COM) – Leading SaaS hosting provider
StratoGen sees growth accelerate in the 2nd quarter as SaaS hosting finally achieves market penetration . StratoGen provides a number of VMware based hosting services to SaaS companies, and uptake of these has risen significantly in the last quarter. Traditional software companies are reacting to a sustained rise in requests for products on a subscription basis, and this is driving forward SaaS hosting adoption.
Karl Robinson, Managing Director said “We’ve invested significantly in our VMware platform to bring a SaaS hosting solution to the market that is rapid to deploy and 100% resilient. It seems timely, as SaaS hosting is growing faster than any other segment of our cloud business at the moment.”
“Many small businesses took advantage of software as a service (SaaS) during the recent economic downturn because of its reduced capital expenditure requirements. This led to a surge in market adoption and companies are now seeing its ability to reduce costs further for the end user. I think we are going to see SaaS hosting really start to gain traction in the market.”
A recent report by Gartner has suggested that global SaaS revenue will exceed £5.5 billion in 2010, as demand for online applications increases. SaaS revenue was 10% of the overall managed hosting market in 2009 but is predicted to rise to 16% by the end of 2010.
About StratoGen
StratoGen is a managed hosting company providing enterprise VMware hosting, managed server hosting, colocation and connectivity products all backed by a 100% uptime SLA.
StratoGen have invested significant capital into building out a true enterprise class infrastructure that offers clients real business benefits whilst reducing their costs. High uptime, high throughput websites and online applications require resilient & scalable hosting solutions and this is where StratoGen is a market leader.
