In 10 Predictions for the Future of SaaS and On-Demand Software Applications, Demian Entrekin founder of Innotas identified 10 key trends that SaaS companies should think about as they work toward driving growth and adoption of on-demand applications in the marketplace.

Here’s my list of 5 key trends (from Demian’s list of 10) that I believe will have the greatest impact on companies looking to purchase On-Demand solutions:

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Here are several excerpts from an excellent article by Matthew Sarrel, The Darker Side of Cloud Computing:

Cloud computing is a marketing buzzword that’s thrown around an awful lot today. A vague (but useful) definition is that cloud computing refers to data, processing, or experiences that “live” out there somewhere in the cloud we call the Internet.

Cloud computing is becoming very popular, primarily as a money-saving technique—cloud services don’t require expensive in-house hardware, software, and staff. In addition, cloud services are usually available for a small monthly fee rather than a huge up-front expense, which makes them even more attractive from a budgeting standpoint. Like many things that seem to have only an upside, cloud computing makes me nervous.

More features, less expense, and fewer IT resources? It almost sounds too good to be true. And it may be. Much the way in the early eighties we asked “Where’s the beef?” we should now be asking “Where’s the security?”

To secure data, you need to understand something I like to call the data life cycle: How data is collected, entered, processed, transmitted, stored, reported, and exported. Any one of these stages may contain multiple vulnerabilities, some ubiquitous and some particular to your environment.

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