Embracing the Subscription Economy
Lately, enterprise applications are still on-premise based, however, there is a rising trend within the majority of these enterprises to move to the cloud for leveraging the on-demand pricing and scalability. In-line with this trend, we are witnessing an increased demand to move away from perpetual licensing and adopt a SaaS model. Software product vendors are cashing in on the opportunity of transitioning their enterprise apps to be SaaS ready at break-neck speeds.