Three CIOs detail the costs and ROI of SaaS

March 05, 2009 Published by  SearchCIO-Midmarket.com

Weekly Tech Advice

SearchCIO-Midmarket.com
SaaS project costs in detail: The payoff isn't always in cash
By Christina Torode, Senior News Writer

The CIO of a credit union recouped his initial $64,000 investment in a Software as a Service (SaaS) project within six months. A financial services firm realized a more than tenfold ROI on his quarter-million-dollar investment in a SaaS project involving extensive back-end system integration within a year. Another CIO didn't need to add storage or other types of hardware to bring his call center in-house.

But what about the ongoing costs of a SaaS installation? Does it save you money in the long run, and do the savings hold up against on-premise installations over time?

Three SaaS users have slightly different stories to tell regarding whether SaaS saves them cash or, while costing more, enables efficiencies and expansion that pay off elsewhere for the business.
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