28th July 2009 Saaspoint Wins Cloud Computing Deals worth over €1m

28th July 2009 Saaspoint Wins Cloud Computing Deals Worth over €1m

Dublin; Tuesday, 28th July, 2009: Saaspoint, the Irish owned cloud computing services and applications company, has won contracts worth over €1m. The deals, which have been won on domestic and export markets, include California headquartered International Asset Systems and global application software and services company, Misys.

 

 

 

Cloud computing is the term applied to Software-as-a-Service applications or services delivered over the Internet. The Saaspoint contracts have been won for consultancy and implementation of cloud computing strategies in the enterprise, in one case across 22,000 users.

"The global economic downturn has been one of the drivers of increased demand for cloud computing in the enterprise," commented Colm Mulcahy, CEO, Saaspoint. "Despite the downturn business must go on, but CIOs and CFOs are looking for technology that can reduce costs but be implemented rapidly."

He added, "In one case we rolled out the implementation of a cloud computing CRM service in eight weeks that would have taken 18-24 months with a traditional on premise or client server implementation."

Saaspoint has grown rapidly with revenues of in excess of €3m. "Cloud computing and SaaS was born in the United States by pioneers such as salesforce.com and Google. We are proud of the fact that an Irish owned firm is now selling cloud computing consultancy services back into the US and globally," added Mulcahy. Many of the Saaspoint employees and senior management are former salesforce.com staffers.

A recent Forrester report* highlighted three key business benefits to CFOs of implementing a cloud computing strategy. These include speed of rollout; outsourcing of non core competencies to a service provider to free up internal IT resources and the reduced cost of funding IT projects by using a pay-as-you-go model to save cash in crunch times.