Enterprises rapidly shifting to subscription-based solutions

The Sandhill group is scheduled to reveal survey findings of over 100 software CEOs and CFOs on the state of IT economy on April 29. Daniel Druker, a SVP at Intacct, offers a sneak preview.

A 'vast majority' of respondents are optimistic that their business will return to pre-recession levels riding on a wave of customer demand for subscription-based solutions.

Mr Druker says Intacct's - a provider of cloud-based financial management and accounting applications - own experience reflects the industry trend. Intacct started "...Noticing its Software industry customers provisioning more users in large numbers and subscribing to more modules too," points out Mr Druker.

Arun Mysore

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