Two New Tools That CIOs Want

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A recent McKinsey article, “Two new tools that CIOs want” (May 2006) (subscription required), noted:

“The software-as-a-service model can cut the total cost of deploying some classes of enterprise applications by 30 to 40 percent as compared with the total cost of purchasing and maintaining them in house. Of the senior IT executives we talked with, 38 percent said that they plan to use the software-as-a-service approach during the next 12 months.”