Interest in both Cloud Computing and Software as a Service (SaaS) is higher than ever and poised for even stronger growth. Through 2009, organizations will continue to seek ways to control (and often reduce) capital expenditures and overcome a shortage of available IT skills. At the same time, however, these same organizations will still be pressured to leverage IT where possible to deliver increased business value.

Cloud Computing as an IT delivery model, (and SaaS-related solutions in particular), can help organizations overcome these challenges. In fact, user adoption is set to soar. A US$ 500 million market in 2008, the Asia Pacific SaaS market is poised to reach US$ 2.25 billion by 2012, an annualized growth rate of 52%.