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May 31, 2007European SaaS Growth Fuels OpSource Expansion
OpSourceac, the SaaS delivery experts, today announced the opening of its European headquarters, located at Albany House, Market Street, Maidenhead, Berks SL6 8BE, U.K. OpSource is expanding operations into Europe to meet rising demand from local software-as-a-service (SaaS) and Web 2.0 companies for Web application delivery services. In addition, OpSource will be providing European application delivery services for its U.S.-based customers from its U.K. operations center.
Recent IDC studies on the ERP and CRM markets in western Europe forecast high double-digit growth rates for on-demand applications. a Adoption of the on-demand model in Europe has been a few years behind the U.S. despite high broadband penetration in Europe,a said Bo Lykkegaard, program manager, European enterprise applications, IDC. a The current gap between on-demand adoption in the U.S. and western Europe is expected to narrow during the 2007-2011 period implying very high European growth rates. In the CRM market, IDC expects on-demand CRM applications to make up almost half of the net market growth of the entire CRM market in Europe during the next five years.a A More here
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