Service as a Service Market Trend Emerging
August 23, 2013
The Fort Mill Times covers the latest in enterprise search with their coverage of the Global Enterprise Search Market report in the article, “Research and Markets: Global Enterprise Search Market 2012-2016: The Emergence of SaaS-Based Solutions is a Recent Trend Witnessed in the Market.”
The article begins:
“The analysts forecast the Global Enterprise Search market to grow at a CAGR of 12.98 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased demand for rapid and easy data access. The Global Enterprise Search market has also been witnessing the emergence of software-as-a-service based solutions. However, the high cost of implementation could pose a challenge to the growth of this market.”
Among the key vendors in the market are Google, Oracle, Microsoft, and HP. However, the real attention in the report is on the open source vendors and their explosive growth in market share. They are quickly edging the proprietary vendors off of their throne and forcing them to adapt. But many customers simply want a cost effective solution with great support and good results. So proprietary solutions should be nervous, because open source leaders like LucidWorks are giving them a run for their money.
Emily Rae Aldridge, August 23, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search
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