https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • Analytics
    • Artificial Intelligence
    • Cloud
    • Data Centers
    • Desktop
    • IoT
    • Mobility
    • Networking
    • Open Source
    • RMM/PSA
    • Security
    • Virtualization
    • Voice/Connectivity
  • Strategy
    • Back
    • Best Practices
    • Business Models
    • Channel 101
    • Channel Programs
    • Channel Research
    • Digital Transformation
    • Diversity & Inclusion
    • Leadership
    • Mergers and Acquisitions
    • Sales & Marketing
    • Specialty Practices
  • MSSP Insider
    • Back
    • Business of Security
    • Cloud and Edge
    • Endpoint
    • Network
    • People and Careers
    • Training and Policies
  • MSP 501
    • Back
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Our Sponsors
    • From the Industry
    • Content Resources
    • COVID-19 Partner Help
    • Galleries
    • Podcasts
    • Reports
    • Videos
    • Webinars
    • White Papers
  • EMEA
  • Awards
    • Back
    • Excellence in Digital Services
    • 2020 MSP 501
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Partners Evolution
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
  • Channel Mentor
    • Back
    • Channel Market Intelligence
    • Channel Educational Series
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • Analytics
    • Artificial Intelligence
    • Cloud
    • Data Centers
    • Desktop
    • IoT
    • Mobility
    • Networking
    • Open Source
    • RMM/PSA
    • Security
    • Virtualization
    • Voice/Connectivity
  • Strategy
    • Back
    • Best Practices
    • Business Models
    • Channel 101
    • Channel Programs
    • Channel Research
    • Digital Transformation
    • Diversity & Inclusion
    • Leadership
    • Mergers and Acquisitions
    • Sales & Marketing
    • Specialty Practices
  • MSSP Insider
    • Back
    • Business of Security
    • Cloud and Edge
    • Endpoint
    • Network
    • People and Careers
    • Training and Policies
  • MSP 501
    • Back
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Our Sponsors
    • From the Industry
    • Content Resources
    • COVID-19 Partner Help
    • Galleries
    • Podcasts
    • Reports
    • Videos
    • Webinars
    • White Papers
  • EMEA
  • Awards
    • Back
    • Excellence in Digital Services
    • 2020 MSP 501
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Partners Evolution
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
  • Channel Mentor
    • Back
    • Channel Market Intelligence
    • Channel Educational Series
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Digital Service Providers
  • Cloud Service Providers
  • CHANNEL PARTNERS ONLINE
 Channel Futures

Uncategorized


SaaS Stocks Down 12% So Far In 2008

  • Written by Joe Panettieri 1
  • June 8, 2008

The next time somebody tells you software as a service (SaaS) is a home-run opportunity, tell them to take a close look at MSPmentor’s SaaS 20 Stock Index, which tracks many of the world’s “leading” SaaS companies.

Since December 31, the index has fallen more than 12 percent, and at least four SaaS companies have seen their shares slide more than 30 percent this year. Here’s a bit more about the SaaS 20 Stock Index, and some of the trends it’s tracking.

Yes, SaaS is the wave of the future. We believe SaaS will increasingly meld with open source and managed services to create big opportunities for investors, customers and IT service providers.

But for every winner (like Salesforce.com shares, up more than 13 percent since Dec. 31), there are numerous losers and hard-luck stories. Salary.com (down nearly 62 percent), NetSuite (-46 percent), Taleo (-35%) and Omniture (-33%) have all declined sharply since the New Year, according to MSPmentor’s SaaS 20 Stock Index.

There’s no single explanation for the declines. Perhaps SaaS stocks were overvalued heading into 2008. And maybe we’ll see a rally as enterprise and midsize firms cut internal IT spending amid the economic slowdown, and more fully embrace SaaS.

Either way, I’m a long-term believer in the SaaS market. But MSPmentor’s SaaS 20 Stock Index will help us to gauge the actual performance of SaaS companies.

We’ll use the index to cut through the hype you’re hearing across the SaaS landscape. And we’ll measure the progress of traditional tech companies (like Dell and Intuit) that are pushing into SaaS.

We also have our eyes on some long-term goals. As MSP platform providers launch their own initial public offerings (IPOs), we’ll consider adding them to the SaaS 20 Stock Index.

Tags: Uncategorized

Related


  • SaaS Stocks Down 12% So Far In 2008
    FinancialForce

  • Microsoft Inspire: News Summary for Day 3
    On day three of Microsoft Inspire we heard about Microsoft's efforts at being a good citizen in relationship to its products and services plus we learned more about the sales organization changes that are coming.
  • Microsoft CEO Satya Nadella gives the 39Vision Keynote39 speech during a Microsoft Inspire event at the Verizon Center on July 10 2017 in Washington DC
    Microsoft Inspire 2017: 5 Must-Watch Sessions for Partners
    Catch up on what you missed in the comfort of your own home or office with these hand-picked on-demand sessions.
  • Microsoft Inspire: Beyond Three Launch Vendors, Azure Stack to Provide Wider Ecosystem Opportunity
    While there are only three vendors who are launching Azure Stack appliances in September, Microsoft has assured partners that there will be lots of opportunity for them to be a part of the ecosystem.

2 comments

  1. Avatar Ted June 9, 2008 @ 2:18 pm
    Reply

    I like the concept of your index and will follow it. I think SaaS stocks are down this year for the very reason you mention. They were over-valued heading into 2008. We’ve had a little bit of a correction but the long term saas outlook is very strong.

  2. Avatar Joe Panettieri June 9, 2008 @ 3:13 pm
    Reply

    Ted: SaaS outlook certainly is strong. But the media and bloggers have to do a better job pointing out that individual SaaS companies may still struggle even as the broader SaaS market expands. The PC industry had hundreds of failures and a handful of really massive successes. So too will SaaS.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • MSPmentor 501: 2017 North America Rankings 100 to 51
  • MSPmentor 501: 2017 North America Rankings 50 to 1
  • Microsoft Inspire: Simplify, simplify, simplify. Or at least shove the complexity out of view.
  • MSPmentor 501: 2017 Edition Ranked 350 to 301

Galleries

View all

New, Changing Partner Programs: AWS, Tech Data, Avaya, Verizon

January 11, 2021

Industry Perspectives

View all

Cybersecurity: What to Expect in 2021

January 19, 2021

Help Your Customers Mitigate Malware: Viruses, Worms, and Trojans…Oh My!

January 15, 2021

SMBs’ Cybersecurity Risk Awareness Is Rising

January 13, 2021

Webinars

View all

Blueprint for a Scalable MSSP Practice in 2021

January 21, 2021

Who’s Behind the Mask? Hacker Personas Explained

January 26, 2021

How Managed Hosting Providers Thrive with the Alternative Cloud

February 24, 2021

White Papers

View all

Why Subscription Business Model

January 15, 2021

The Ultimate MSP Guide to Sales Efficiency

January 14, 2021

Eight Reasons Why MSPs Need IT Industry-Specific Sales Tools

January 14, 2021

Upcoming Events

View all

Channel Partners Virtual

March 2, 2021 - March 4, 2021

Channel Partners Conference & Expo

November 1, 2021 - November 4, 2021

Videos and Fastchats

View all

FASTCHAT: How SOAR Eliminates Security Challenges and Elevates Service Provider Revenues

January 6, 2021

Happy Holidays from Channel Partners & Channel Futures!

December 21, 2020

FASTCHAT: How Old, Unpatched Technologies Are Creating New Security Threats for MSPs and Their Customers

December 3, 2020

Twitter

ChannelFutures

What to expect in 2021 @Webroot #cybersecurity #MSP #remoteworkforce #remoteworking #Carbonite… twitter.com/i/web/status/1…

January 19, 2021
ChannelFutures

From #itautomation to #workfromhome, a look at 2021 trends from @BitTitan. dlvr.it/RqwFZg https://t.co/EkCeJVNAPo

January 19, 2021
ChannelFutures

Are you helping your clients with #cloudgovernance? Now is the time. @CloudSphereAI @fortanix @MontyCloudInc… twitter.com/i/web/status/1…

January 19, 2021
ChannelFutures

.@StratusAwaysOn announces new #partnerprogram for VARs. #edgecomputing dlvr.it/Rqvrxf https://t.co/vcLw8e4Ob6

January 19, 2021
ChannelFutures

bit.ly/3bSd4nD twitter.com/DigiRobot/stat…

January 19, 2021
ChannelFutures

In the latest 'It's 501 Somewhere', @channelsmart (Janet Schijns) talks about what it takes to be a true leader.… twitter.com/i/web/status/1…

January 18, 2021
ChannelFutures

.@IBMServices snaps up #MSP Taos for #hybridcloud expertise. dlvr.it/RqggQR https://t.co/Fy3uPDtLNw

January 16, 2021
ChannelFutures

.@LenovoBusiness launches its thinnest #ThinkPad to date @CES, revamped ThinkBooks and #ThinkReality glasses.… twitter.com/i/web/status/1…

January 16, 2021

MSSP Insider

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Channel Partners Online

Want more? Find more channel news and analysis on our sister site, Channel Partners.

Media Kit And Advertising

Want to reach our audience? Access our media kit

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Online
  • Channel Partners Events
  • MSP 501
  • MSSP Insider
  • IoT World Today
  • Webhostingtalk

WORKING WITH US

  • Contact
  • About us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X