Cloud Computing: Enterprise collaboration software market to reach ‘tipping point,’ predicts Strategy Analytics

June 9, 2013 Off By David

Grazed from FierceEnterpriseCommunications. Author: Fred Donovan.

The enterprise collaboration software and services market will reach a "tipping point" in two years as cloud-based collaboration software-as-a-service (SaaS) revenue surpasses on-premise software revenue, predicts research firm Strategy Analytics. The market–which includes email and calendaring, instant messaging and presence, Web conference and social collaboration software and services–generated $7.4 billion in revenue last year, up 12 percent year-over-year, according to Strategy Analytics.

Firms vying for market share include Cisco (Nasdaq: CSCO), Citrix (Nasdaq: CTXS), Google (Nasdaq: GOOG), IBM (NYSE: IBM), Intralinks and Microsoft (Nasdaq: MSFT), the research firm noted…

"It makes a lot of sense for collaboration, which frequently involves people from different organizations on mobile and non-mobile devices, to be served up by trusted third party service providers with expertise in networking and connectivity," commented Andrew Brown, executive director of enterprise research at Strategy Analytics…

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