Recent Articles
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TechTeam Global Bought By Brazil’s Stefanini International Holdings
Nov 2 (Reuters) – TechTeam Global (NASDAQ:TEAM), a provider of outsourcing and business process outsourcing services, said it agreed to be bought by Brazil’s Stefanini International Holdings Ltd for $93.4 million in an all-cash deal that will expand the private company’s international presence. Stefanini, through a U.S. unit, will purchase all outstanding TechTeam common shares…
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An Open Letter to Hosted Exchange Providers
Dear Hosted Exchange Provider, My name is Dave Sobel, and I’m CEO of Evolve Technologies in Fairfax, Virginia, just outside of Washington DC. We’re a small managed services provider, delivering solutions in the SMB space. You probably haven’t heard of us, and that’s OK. What’s more important is that we’re representative of a typical small…
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SaaS Spending to Increase Exponentially: Report
Small to medium-size business (SMB) spending in the U.S. on software as a service (SaaS) will increase exponentially over the next five years, eclipsing growth in investments in on-premise software by a "significant margin", according to a report from IT research firm AMI-Partners. The company forecast a 25 percent compound annual growth rate (CAGR) in…
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Software as a Service/Hosted Applications
Software as a Service/Hosted Applications Around 58 percent of organizations outsource at least a small part of their application portfolio through a vendor using the SaaS model. Application Development About 51 percent of organizations outsource the development of new systems or enhancement of existing systems to service providers. Website/e-Commerce Systems Roughly 43 percent of organizations…
