Software CFOs Expect Cloud Computing to Drive Their Industry’s Growth

Leaving the recession behind with new hiring.

Software company CEOs and CFOs say in a new survey that cloud computing and Software-as-a-Service will drive spending in their industry over the next 12 months.

The survey also finds most expect their company’s business will grow by at least 20 percent in 2011 and that hiring will increase significantly. The Software CEO/CFO Outlook 2011 study was conducted by Sand Hill Group and underwritten by Adaptive Planning and Intacct.

Other key findings include: