CIOs earmarked more dollars for SaaS in Q4

01/10/2013 | All Things D

Technology executives are increasingly turning their attention -- and their money -- to software-as-a-service solutions, such as those offered by Salesforce.com, Workday and SAP, according to data from Pacific Crest Securities. The survey, which tracks the spending priorities of CIOs, found that SaaS jumped seven places on a ranking of tech spending priorities -- more than any other solution -- although security and private clouds continue to garner the lion's share of enterprise IT budgets.

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