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About EnterConnect
EnterConnect Inc, (OTCBB – ECNI), a Nevada corporation, is headquartered in San Jose, California with regional offices in Dallas, Texas and Atlanta, Georgia. Capitalizing on a rich history of more than 50 Fortune 1000 intranet and extranet deployments, EnterConnect developed a proprietary standards-based portal platform that enables the company to deliver 'business-ready' portal applications for employee and team productivity and customer and partner self-service to drive costs down and revenue up. EnterConnect further leverages the 'business ready' portal platform in conjunction with BEA infrastructure to power the new SOAapps.com global SaaS marketplace. The EnterConnect software suite consists of EmployeeConnect, TeamConnect, CustomerConnect and PartnerConnect and is available through traditional licensing as an on-premise solution or as a software-as-a-service (SaaS) solution on SOAapps.com. For a free trial of the new EmployeeConnect release, visit the EnterConnect storefront on SOAapps.com at http://enterconnect.soaapps.com and select ‘Launch a Free Trial”. To review the EnterConnect 8.8 Data Sheet and Release Overview visit www.enterconnect.com or call 800-658-2670 to schedule a personalized demo.
Headquarters: About SOAapps.com
SOAapps.com is a new online global SaaS marketplace for mid-market line of business executives in sales, marketing, human resources, finance, operations and information technology to find, try, deploy, integrate and manage on-demand applications faster while gaining better business results. The mission of SOAapps.com is to “Transform Business On-Demand” by moving software applications and productivity online. This mission is being achieved by bringing together an integrated network of SaaS Business Customers, Independent Software Vendors (ISVs), Value Added Resellers (VARs) and System Integrators (SIs) – all leveraging the compelling business model of software-as-a-service (SaaS) to achieve more productivity, lower costs and accelerated time-to-value. About the Software-as-a-Service (SaaS) & On-Demand Market
According to IDC, the On Demand market is expected to grow 32.2% through 2011, while the total software market is forecast to grow only 8.0% over a similar timeframe. Furthermore, Gartner expects that by 2011, 25% of new business software should be delivered On Demand, up from 5% in 2005. Gartner estimates that the worldwide SaaS market reached $6.3 billion in 2006 and is forecasting the market to grow to $19.3 billion by year-end 2011. Leading financial analysts firm, RBC Capital Markets, however, believes the On Demand growth rate could be higher at 40%, driven by private companies and international markets. The RBC On Demand composite index is up 31% year to date versus the On Premise group, up only 10%, and the S&P500, which is up 5%. Goldman Sachs considers SaaS a disruptive technology and the most impactful trend in software currently, with market growth outpacing traditional on-premise software deployments. Goldman Sachs estimates the potential addressable market at $73 billion. Currently, however, they estimate the market at $9 billion, reaching $21 billion by 2011, a five-year cumulative annual growth rate (CAGR) of 23%. As a result, Goldman anticipates SaaS-focused companies to exhibit higher top-line growth rates than their on-premise counterparts. SOAapps is well positioned as the new online global sales channel to help SaaS providers take advantage of the predicted growth in the software-as-a-service market. |
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