The Future is SaaS, The Future is in a Cloud

February 2010Cloud Computing Industry

Abstract

Recently I attended an Intellect event where the guest speaker was Dr Steve Garnett, Chairman Europe, salesforce.com, where he spoke about cloud computing and how it is destined to destroy the traditional software industry. In this seminar he was drawing from his own experience of working for large software power houses and from his recent experience at salesforce.com. Interestingly enough he claimed that if any entrepreneurs were to approach a venture capitalist for investment in a software product that is not SaaS based, in all likelihood they would be rejected (he certainly would not invest in it) because it would be difficult to find an exit strategy for a non SaaS product. Whether SaaS will revolutionise the way we use software remains to be seen and only time will tell, but hopefully the information below will help you navigate the hype that currently surrounds SaaS.

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Advertisements scream promises of unlimited resources and limited cost; a veritable pot of gold at the end of a rainbow. Providers tout a perfect cloud solution that can handle any...Read more

Vincent Catanzaro

Senior Counsel, Global Discovery Manager, E. I. du Pont de Nemours and Company, USA

Working in a centralized legal department, providing legal advice for global business

In-house legal departments serve as the company’s guardians of risk mitigation and internal regulations, balancing the boundaries set by applicable laws and the company’s individual risk portfolio with the company’s...Read more

Svenja Partu

General Counsel, thyssenkrupp Polysius GmbH, Germany

Building an Elite In-house Legal Department

I have served in three general counsel roles in different industries over the past 27 years, including most recently for two decades with CF Industries (NYSE:CF). CF is an international...Read more

The Future is SaaS, The Future is in a Cloud

Abstract

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