Innovation Journal - Cognizant

RETHINK - MUSTANG.NET
Reduces application development time by up to 30%.
Reduces application development costs by up to 50%.
Enables software developers to continue using the familiar native interfaces.
Standard set of tools and templates integrated with the Visual Studio IDE.
Software-as-a-service (SaaS) is an increasingly popular one-to-many
application delivery model, in which:
• The application is deployed and maintained centrally and
administered and accessed remotely.
• Users (grouped as tenants on virtualized servers) share resources
and have self-service capabilities.
• Application features are billed on a subscription (pay-per-use) license
model.
According to IDC, nearly $1 of every $6 spent on packaged software,
and $1 of every $5 spent on applications will be consumed by the
SaaS model by 2015. In that same timeframe, about 24% of all new
business software purchases will be service-enabled software, and
SaaS delivery will constitute about 13.1% of worldwide software
spending across all primary markets and 14.4% of applications
spending.
Benefits of SaaS include the ability to reduce or eliminate hardware
costs, IT support / staffing, upgrades, software maintenance and cost
of capital. Additional benefits include reduced training costs and the
ability to scale subscriptions up or down to match usage needs.
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