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LONDON, August 22, 2012 — /PRNewswire/ –

Software-as-a-Service (SaaS) is just one type of service Virtual Internet provides to consumers and they have been looking at the impact SaaS has had on cloud hosting and IT services around the globe.

Virtual Internet, a cloud hosting vendor, in their recent White Paper revealed great revenue benefits to Independent Service Vendors (ISVs) regarding the sale of SaaS.

Virtual Internet’s Managing Director, Patrick McCarthy, has been explaining: “Our recent research found that the SaaS model shows a smooth and steady revenue climb that surpasses on-premise software. Even during a time of financial uncertainty, subscription revenue should still remain stable for SaaS. In addition, it opens doors to new SME markets that on-premise software simply won’t allow.”

Patrick went on to add: “Through the engineering of a SaaS product, ISVs are also given a buffer zone against potential competitors emerging in other locations around the world, such as Asia and Latin America for example. A first mover advantage can be established through the use of SaaS”

In addition, Virtual Internet’s research, included in their White Paper, has found that by the end of the year, cloud spending will have reached $61 billion with SaaS generating over half of this amount. By 2015, Virtual Internet

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