Gartner has its latest report out, talking to hundreds of CIOs, and it breaks down projected SaaS spending in the enterprise in 2023:
- Gartner predicts SaaS spend in the enterprise will rise to $195 Billion in 2023, up 17% from $167 Billion in 2022
- Platform and infrastructure spend will grow even faster, at 23% (which makes sense, see, e.g. Snowflake, etc)
- SaaS overall represents about a third of total Cloud spend
Nothing’s easy, and selling SaaS is harder than last year.
But these are still good times.