Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

Unlocking the Power of SaaS - Episode 4

Name: Unlocking the Power of SaaS - Episode 4
Uploaded: 2023-09-19T15:00:17+00:00
Duration: 42 s
Channel: Mike Austin
Description: Mike Austin (speaker/uploader) presents Gartner-derived growth statistics comparing 2017→2022 spending: enterprise software up 175%, SaaS up 241%, and…

19 Sept 2023 · 1 min

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0:42

Mike Austin (speaker/uploader) presents Gartner-derived growth statistics comparing 2017→2022 spending: enterprise software up 175%, SaaS up 241%, and public cloud up 358%. He emphasizes the importance of the SaaS conversation, notes that enterprise software spending may flatten or decline by 2024, while SaaS and public cloud spending are expected to continue growing though possibly at slower rates.

Questions this video answers

It went up 175%.

It went up 241%.

It went up 358%.

Chapters

If you look at cloud based growth from this is from gartner, for between 2017 and 2022, enterprise software spend went up 175%. SAS went up 241. So that's what we're talking about today. Public Cloud went up 358. Now I have a feeling if we look at this, when they launch this in 2024, we'll probably see that enterprise software spend going down even more to, to, you know, kind of almost being flat. And the SaaS and the public cloud spend still continue to grow, maybe not as fast of a rate because there's some, some growth going there, slowdown going on there. But this is, this is why the conversation around SaaS is so important.