Posts by the members of the Gemini Israel Funds - The leading early-stage Israeli VC

Entries in Survey (2)

Tuesday

Mar092010

SaaS Moving from the Edge to the Core

Adi Pundak-Mintz |

Mar 9, 2010 at 3:37PM

Goldman Sachs’ IT spending survey was published on Monday.

I feel these kinds of surveys are a really important indicator of what is going on.

The latest one by GS suggests that:

Ongoing spending is improving
Normal seasonality expected in Q1
Pent-up demand for staffing, IT services strengthens – hardware remains in the top spot
Survey highlights: PC refresh, SaaS adoption – corporate PC refresh coming in 2H2010

[Credit: Goldman Sachs IT Spending Survey]

For us SaaS lovers, please note:

Of total respondents:

24% are into SaaS
23% are agnostic
34% are not in favor of Saas
19% unwilling to consider Saas

Considering the fact that SaaS started with SMBs, and that SaaS applications started in the “edge” or were “shallow” in the organization, these are VERY encouraging statistics. “Core” SaaS apps such as accounting and billing are now ‘legit’

Cloudy today, shiny tomorrow.

Gemini's Annual IT Trends Survey Results

Guy Horowitz |

Mar 7, 2010 at 11:19PM

Last week we hosted in Israel Gemini's annual CIO Advisory Board meeting. In the coming days we’ll be blogging quite a bit about our CIO Advisory board - comprised of senior CIOs from leading international firms such as Texas Instruments, Assurion, OmniCare and MoMa - and about the takeaways and insights from the annual meeting. Hint: Innovation and Israel’s competitive advantage were high on the agenda.

In preparation for the annual meeting, we conducted our annual IT Trends survey. Participants of the survey included CIOs and CEOs as well as a few VCs. The results, while not in any way a representative sample of the industry, are quite interesting.

2009, the survey indicates, was clearly the year of virtualization and SaaS. In parallel, efficiency, ROI-driven decision-making and productivity considerations guided the decisions of CIOs. Green IT and the Mobile Enterprise took focus while cloud computing was not as big in budgets as one could expect. Open Source has clearly made its move from an ‘IT Trend’ to day-to-day reality.

What does 2010 hold in store for the CIOs? More of the same, at least vis-à-vis SaaS adoption and the mobile enterprise. Consumerization (i.e., the move of technologies and trends from the consumer market to the enterprise), globalization and remote services were among the trends ranking high on the CIOs agendas. The survey also indicated that CIOs are still keen on experimenting with (and adopting) innovative technologies.

Tune in for the coming blog posts from Gemini’s CIO advisory board annual meeting – lots more to come.