06/19/2008

Endeavors Technologies announced a strategic partnership with NTT Europe Online. The companies are building a proof-of-concept based on Application Jukebox that will be used to help ISVs transition their applications to a SaaS model.

ebizQ received the following:

Damian Skendrovic, Regional Director at NTT Europe Online said: "We have seen a real growth in demand for SaaS products from end-users however the upfront investment required to develop a multi-tenanted application has always acted as a barrier to entry for ISVs. This trial service allows ISVs to evaluate initial market response without re-architecting the application; minimizing business risk, reducing costs and helping the ISV build a viable business proposition for SaaS. Once proven, the technology and infrastructure underpinning the POC easily scales to support the ISV as customer usage grows.”

"We are excited to enter into this strategic partnership with NTT Europe Online,” said Peter Bondar, CEO of Endeavors Technologies. "NTT Europe Online has extensive experience supporting and hosting SaaS applications and, alongside its position as a Microsoft SaaS Incubation Partner, was the obvious hosting partner of choice. We believe that a SaaS offering based on Application Jukebox will only strengthen this position.”

Gartner has predicted that the global market for SaaS will more than triple over the next three years, growing from $6.3 billion in 2006 and is on track to reach $19.3 billion by the end of 2011.