SpendEdge, a global procurement market intelligence firm, has announced
the release of their Global
PaaS Category – Procurement Market Intelligence Report.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190603005471/en/
Global PaaS Category – Procurement Market Intelligence Report. (Graphic: Business Wire)
The HR and banking industries that are some of the primary end-users are
observed limiting the implementation of PaaS in their system
infrastructure. Management of PaaS requires maintaining additional
layers of the system architecture that is spiraling the operational
costs incurred by the HR and banking industries. This will limit the
category adoption to a large extent and will be responsible for
decelerating the spend momentum of the PaaS category for a significant
duration of the forecast period. On the other hand, the cloud-based PaaS
platform, that includes iPaas, is gaining popularity among the
enterprises that seek quick and lean integrated platforms, which will
simplify the API implementation process and reduce delivery timelines. Request
your free sample copy of this PaaS market intelligence report
here!
The cost-effectiveness of the public PaaS category segment will play a
prominent role in driving its spend growth in the US. Currently, this
segment accounts for over 50% of the market share of the category and is
expected to undergo a stable spend growth during the forecast period.
The influx of IT projects that are being outsourced to the low-cost
countries in APAC is driving the demand for the PaaS platform for the
execution of the IT assignments. However, in Europe, the imposition of
the new trading and tariff-related regulations is discouraging further
spend on PaaS by SMBs and banking firms, which is severely reducing the
region’s share in the global PaaS market.
This PaaS market intelligence report offers a scrupulous analysis of the
supply market forecasts, sustainability, and negotiation strategies of
top suppliers and buyers. Also, it also provides information on the
total cost of ownership outlook and strategy to cut down on costs. Ask
for a customized version of this PaaS market intelligence report
here for free.
“Buyers can achieve significant cost savings by procuring from
service providers that operate on partnership models that allow the
service providers to access open-source software and proprietary
solutions on a single platform,” says SpendEdge procurement expert
Sumit Yadav.
This PaaS procurement research report has identified the following
factors to influence the category growth:
- Cloud-based PaaS segment is expected to dominate the market
-
Vendor lock-in is a significant challenge in the adoption of PaaS
models. -
Buy the complete PaaS
procurement research report here to explore its complete scope
of coverage.
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SpendEdge’s procurement
market intelligence reports for the information
technology category offer information
on critical cost drivers and category pricing strategies to help the
buyers achieve significant cost-savings. The report provides information
on supplier performance benchmarking criteria to help buyers reduce
spend and establish better SLAs. Additionally, SpendEdge’s reports offer
category management insights and procurement best practices for the
category.
Report scope snapshot: PaaS
Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
-
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reports? Download
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Category management enablers
- Procurement organization
- Category enablers
-
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report? Get
in touch
Category definition
- Category hierarchy
- Category scope
- Category map
-
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intelligence report, Download
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190603005471/en/