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The Keys to Building Trust: Need-to-Know Facts for SaaS Subscribers and Providers

THE KEYS TO BUILDING TRUST NEED-TO-KNOW FACTS FOR Saas SUB SCRIBERS AND PROVIDERS DID YOU KNOW the cloud is giving birth to more than 8 out of 10 new software applications? Did you also know that 79% of Software-as-a-Service (SaaS) providers do not guarantee application continuity to their subscribers? (Source: Softletter Research. "2013 Softletter Saas Report.") Saas IT'S ALREADY EVERYWHERE - AND GROWING 21% $53.6 billion 44% ... of the software Size of the Saas market by 2015, with year-over-year growth of 26.4% businesses now use comes as a service ... of software will come as a service within five years (Source: IDC) O DID Y OU KNO W Saas is largest market segment of cloud computing, growing 5 times faster than the traditional software market. (Source: IDC) Market watchers expect 30% to 50% of current workload o to go to the cloud by 2019. (Source: FierceCFO Everest Group Research) SECURITY AND ACCESS REMAINS A CONCERN AMONG SUBSCRIBERS AND EVEN PROVIDERS 72% of business FAILURE TO PROTECT SaaS INVESTMENTS executives sur veyed cite concerns about data and COULD RESULT IN: application security in Saas environments, yet Lost revenue Potential brand damage 79% of SaaS providers Productivity impact do not guarantee their subscribers application Application downtime continuity Data loss (Source: FierceCFO Everest Group Research) 46% The percentage of potential SaaS sales that fail because the prospect is unwilling to entrust data to an untes ted provider. (Source: Softletter Research. "2013 Softletter Saas Report.") $1.6 Million Average annual revenue lost due to unplanned downtime caused by network, system or application issues (Source: IDC) $84,000-$90,000 Average lost revenue for every hour of downtime (Source: IDC and Strategic Research) Subscriber business continuity in Saas scenarios is a big concern, but smart solutions are available. IRON MOUNTAIN RECOMMENDS... FOR POTENTIAL Saas SUBSCRIBERS: FOR SaaS PROVIDERS: Conduct due diligence on your potential provider's disaster recovery capabilities. Be sure to confirm that any potential agreement complements your risk and compliance policies. Partner with a trusted third-party provider to ensure your customers have the uninterrupted applications and data access they want. > Read Give Your Subscribers Confidence, an > Read Strengthen Your Cloud Software, an Iron Mountain solution brief, for more information. Iron Mountain solution brief, for additional tips. 02014 Iron Mountain Incorporated. All rights reserved. Iron Mountain and the design of the mountain are registered trademarks of Iron Mountain Incorporated in the U.S. and other countries. All other trademarks and registered trademarks are the property of their respective owners. IRON MOUNTAIN°

The Keys to Building Trust: Need-to-Know Facts for SaaS Subscribers and Providers

shared by NDias on Sep 28
SaaS is already everywhere – and growing. Yet, security and access remain as concerns. View this Iron Mountain infographic for stats on SaaS, as well as recommendations on how to protect your applic...


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