software companies in new york
- sakshamapp
- Mar 23, 2017
- 1 min read
The enterprise software market has become the SaaS market, and historic enterprise titans like Oracle, SAP and Microsoft have been working feverishly for years to reposition themselves as cloud companies. But revolution means change, and it’s the new entrants that have defined SaaS.We are only just getting started, however. While consumers were much quicker to embrace the cloud, social, and mobile –- Facebook and Twitter alone have a combined market cap that is more than half of the aggregate market cap of every single public SaaS company - enterprises have been slower to move but they are catching up.To take the temperature of the ecosystem in New York, we first looked at investing activity. Measured by number of funding rounds or dollars invested, the trend is clear – investments in NYC are increasing at a rapid pace. software companies in new york
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