Executive Briefings

SaaS Market to Collapse within Two Years, Lawson CEO Says

In a staggering interview, the CEO of client/server ERP firm Lawson, Harry Debes, said the software-as-a-service (SaaS) market will collapse within two years.
"People will realize the hype about SaaS companies has been overblown within the next two years," he says. "An industry has to have more than just one poster child to overhaul the system. One day Salesforce.com will not deliver its growth projections, and its stock price will tumble in a big hurry. Then, the rest of the (SaaS) industry will collapse."
Source: CBR Online

In a staggering interview, the CEO of client/server ERP firm Lawson, Harry Debes, said the software-as-a-service (SaaS) market will collapse within two years.
"People will realize the hype about SaaS companies has been overblown within the next two years," he says. "An industry has to have more than just one poster child to overhaul the system. One day Salesforce.com will not deliver its growth projections, and its stock price will tumble in a big hurry. Then, the rest of the (SaaS) industry will collapse."
Source: CBR Online