The ‘Cloud’ Effect

While Oracle Corp. put out a very upbeat forecast this week, analysts covering software companies are concerned about the threat that smaller companies, that deliver software as a web based service, pose to software giants like Oracle and SAP. Colloquially known as SaaS (Software as a Service), SaaS companies deliver business functions to customers over the internet. SaaS is a subscription based model where the customer pays a set monthly charge for using the services from ...