Report: PaaS to Top $707.4 Million This Year

Report: PaaS to Top $707.4 Million This Year

A new report from market research firm Gartner says that platform-as-a-service (PaaS) revenues could reach $707.4 million this year, a jump up from last year’s $512.4 million. Although PaaS is not yet as well-developed as software-as-a-service (SaaS), PaaS “is where we believe the battle between vendors is set to intensify,” said report author Fabrizio Biscotti.

Many of the first PaaS offerings focused on application development, testing and deployment, but Biscotti claims that is changing over time. “The market has since expanded to encompass other middleware capabilities as a service, such as integration, process management, and portal and managed file transfers (MFTs),” he wrote.

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