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Nowigence Inc. SaaS Business Model Positioned in Fast-Growing, Billion-Dollar Space

  • Gartner predicts that SaaS spending will reach $140 billion this year 
  • SaaS spending is increasing a stunning 20% per year
  • Nowigence’s flagship offering — Pluaris — makes it happen through this business model

A Gartner report has indicated that Software-as-a-Service (“SaaS”) spending is projected to increase 40% in the coming years, an impressive future especially considering that annual spend has already reached hundreds of billions (https://ibn.fm/Lr8gT). That forecast is good news for Nowigence, a savvy company that solves many of today’s information overload problems with a proprietary AI platform that is available through the SaaS business model.

“Just how fast is SaaS and Cloud growing?” asks a recent article from SaaStr, the world’s largest community of SaaS executives, founders and entrepreneurs. “One thing we know…

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NOTE TO INVESTORS: The latest news and updates relating to Nowigence are available in the company’s newsroom at https://ibn.fm/NOW

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