Do CIOs Want SaaS Contracts To Extend To 3-5 Years?

Via InformationWeek …

Blogger Vinnie Mirchandani says that while today’s duration for SaaS deals averages 1.5 years, “the secular trend is towards higher renewals…and multiyear deals. SaaS will likely become like outsourcing contracts — 3, 5, 7-year deals.” Sounds good in theory, but will CIOs go for it?

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