Worldwide spending on software as a service (SaaS) reached $4.2 bln in 2004, an increase of 39% over 2003 according to IDC. Worldwide spending on SaaS will continue to increase over the next five years at a 21% compound annual growth rate (CAGR), reaching $10.7 bln in 2009.
IT Facts
Alex Moskalyuk$4.2 bln spent on software as a service in 2004
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Biography
Alex Moskalyuk is an engineer in a Silicon Valley startup firm. Moskalyuk, a linguistics graduate who speaks English, Russian, Ukrainian, German and French, began his career covering the technology field for the largest computer weekly in the Ukraine. The end of the dot-com boom prompted Alex to switch his focus from web technologies to semiconductors and statistical research. His interests eventually led him to the United States where he pursued a graduate degree in Computer Science from Eastern Washington University
In his spare time Moskalyuk runs websites that serve as useful tools for the tech community. Among them are: www.techinterviews.com and moskalyuk.com/blog.
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