'IT departments benefit from this trend because it relieves them of many of the hassles associated with implementing and administering traditional, on-premise software and supporting the application end-users. In addition, there is a growing array of SaaS-based management solutions aimed at making it easier and more cost-effective for IT professionals to do their own jobs.'
The fact is that traditional locally hosted software becomes less practical as the world increasingly shifts towards mobile devices and remote work teams. It also has a lot of value during tough times. An Entrepreneur article notes the following benefits: 'No upfront infrastructure cost, less risk of data security and reliability issues, and ubiquitous authorized access that the business owner can control.'
The way forward according to one enlightened CIO I interviewed is to "Focus on doing things in-house that are related to the core sustainable differentiators of your company - everything else should be SaaS if it can be. It should be validated by IT, with security processes wrapped around it. Make sure it's not on a shaky power grid in some unstable country for example."