Take Your Software Application From Desktop To The Cloud

CHALLENGE FOR DESKTOP SOFTWARE VENDORS

The World Is Moving to Cloud and Adopting Cloud-like Business Models

On-premise software vendors are incorporating subscription-based pricing models that make them more competitive and best meet the needs of their customers. Adobe, Autodesk, and Microsoft have all adopted hybrid (on-premise and SaaS) deployment models to adapt, compete, and succeed. And while the cloud computing market is expected to grow at a compounded annual growth rate (CAGR) of 22.3 percent between 2018 and 2023 and cloud computing revenues are predicted to see revenues soon exceed $250 billion, on-premise software will continue to represent a significant opportunity, with customers adopting the mix of web-based and on-premise applications

Competition in the software industry has never been greater. Software market revenue worldwide is expected to be $507.2 billion by 2021 – representing 26% growth since 2016. As “traditional” vendors of on-premise applications have seen the booming and disruptive growth of SaaS vendors, they are mapping a dramatic change to the way they do business.