Springboard Research, a leading innovator in the IT Market Research industry, today announced the results of its latest research on the Software-as-a-Service (SaaS) market in Asia (excluding Japan). Springboardas data shows significant growth in awareness and adoption of SaaS across the region with the market increasing 92.5% in 2006 to reach a market size of US$154 million. Springboard forecasts that the SaaS market in Asia will reach US$1.16 billion by 2010, with a compound annual growth rate of 66%, to comprise 15% of the enterprise software application market.

^{Market Expected to Grow 83% in 2007 as Awareness and Adoption Rates Increase Significantly}

aWe saw significant increases across the board for SaaS through our research, which proves that SaaS has market momentum for the long run,a said Dane Anderson, CEO & Executive Vice President for Research at Springboard Research. aIt is a very dynamic time for SaaS in Asia with pure-play vendors like Salesforce.com, Netsuite, and WebEx gaining increased traction in Asia, together with smaller SaaS firms making moves into the region. Round that out with the large players in the industry like SAP, Oracle, and Microsoft becoming more aggressive with SaaS, and the market for the rest of 2007 and 2008 is going to be very interesting,a Anderson added.

Springboard found that although customer relationship management (CRM) remains the largest SaaS application segment by revenue in Asia, representing 45% of total SaaS revenue in 2006, data shows that organizations are aware of and use many different types of SaaS applications. Springboard also found satisfaction levels with SaaS applications ran very high, with all application segments scoring between a 7 to 8 on a 10-point scale.

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A discussion with Chris Smith, Vice President of Marketing with Alert Logic. Chris and Peter Schooff, Security Editor,ebizQ.net discuss the current state of security, Alert Logicas Security as a Service -- how it works, who it works best for, and how it would work against the Storm Worm -- and we also delve into compliance, and how Alert Logic is equipped to deal with the newest attack vectors expected with Web 2.0. More here

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Via TMCNet Smart Online Inc., a vendor of Software-as-a-Service for the small business market, has announced the release of its newly enhanced Web-based Accounting product.

The Accounting application is part of a full suite including group Calendar, Contact Management, Salesforce Automation, Customer Relationship Management and Human Resource Management that can be private labeled for corporations who desire to offer value-added products and services to their small business customers.

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SaaS requires a fundamentally different approach to provisioning and supporting software. The computing infrastructure must not only be a robust, 24X7 framework, but the software platform needs to provide a high degree of security, data integrity and flexibility to accommodate the needs of multiple users with different priorities.

In this preview of their Sept. 25, 2006 session at SaaScon, Gianpaolo Carraro and Fred Chong of Microsoft discuss the work they've done defining different classes of multi-tenant architectures and offer advice customers can use in negotiating service level agreements.