Our research shows that user IT organizations are being challenged to reduce costs of their infrastructures and to rapidly provide new application functionality. To reduce infrastructure and support costs, implementation of virtualization has become the most widely adopted element in IT plans. And, for rapid delivery of new functionality, users are increasingly turning to Software-as-a-Service (SaaS) offerings.
Both of these trends yield potentially very lucrative market opportunities. To pursue some of these opportunities, Parallels Inc. is delivering several facilities for IT virtualization and a functionally rich set of tools for enabling software providers to rapidly bring SaaS offerings to market.
