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CIOZone Study: Move to SaaS Model or Die

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SaaS and Virtualization have played a prominent role in the tech industry landscape for a while now, and the latest studies seem to show that they’re going stronger than ever. In a CIOZone.com study that ranked the top-60 fastest-growing public software companies of at least $150 million in revenue in 2007, VMware lead the pack and Red Hat came in 12th place boasting a 33.6 percent growth rate.

Even more interesting is the role that SaaS seems to be playing in the success of some of these companies.

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