How The SaaS Movement Is Transforming Professional Services

Their customers are facing intensifying competition as a result of globalization and technological advancements. Barriers to entry within their respective industries are disappearing. Companies are no longer competing with just their peers in their own backyard, they must also contend with competitors from around the world. At the same time, the web is making it easier for customers to find new suppliers who can meet their needs from remote locations at a lower cost. In response, many companies are experiencing a period of retrenchment and are significantly restructuring their operations to reduce day-to-day expenses and increase their profitability. For many companies this has led to downsizing their staffs and relocating many workers to home offices to reduce the cost of corporate space.