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.