The severity and speed of global recession placed every business across Europe under some degree of stress and the threat of failure suddenly became a very real prospect, even for those companies that had been able to survive previous downturns.
Migrating an application to SaaS (Software as a Service) means rethinking and redesigning the software in several fundamental ways including changing the hosting model from single to multi-tenant, the business model from perpetual license to subscriptions and the update cycle from years to months.
Many enterprises and ISVs with on-premise applications have made the decision to migrate their offering to SaaS. They do the research and come up with a solid technical and business transition plan. They select the right hosting platform. They determine whether to spin instances up on virtual servers or recode as multi-tenant. They plan for a shift in business culture, etc. They avoid the common missteps and do everything right to get their software into the cloud, with one exception. They try to port all of the functionality and user experience of their on-premise application into the first version of their SaaS offering.
Using time series to model scenarios for financial risk calculations—A case study of the use of Pomax ECTRM at GDF SUEZ.
Ireland is only the 119th largest country in the world by land mass and is ranked 53rd by the IMF in terms of its GDP, yet this relatively small nation is currently exerting a considerable amount of influence on the world economy and attracting significant attention as a result of its continuing financial plight.