In an effort to allay fears about the security and privacy of the cloud, McAfee today launches Cloud Secure, an auditing and certification program to help software-as-a-service (SaaS) providers promote their commitment to secure computing. Interested? Amazon Web Services is.
SaaS Stocks Up Nearly 30% In First Half 2009
Posted July 3rd, 2009 by Joe Panettieri
The worst of times have turned into the best of times for software as a service (SaaS) stocks. After a horrid performance in 2008, SaaS stocks rallied nearly 30 percent during the first half of 2009, according to Nine Lives Media Inc.’s SaaS 20 Stock Index. Here’s a look at the SaaS leaders to date…
SaaS Stocks Continue Weekly Winning Streak
Posted April 18th, 2009 by Joe Panettieri
The SaaS 20 Stock Index climbed 1.86 percent for the week ending April 17, pushing software as a service stocks to their highest levels since mid October. Here’s a look at the weekly SaaS winners and losers.
SaaS Stocks Fall Nearly 7 Percent In January 2009
Posted January 30th, 2009 by Joe Panettieri
First, the good news: Software as a service (SaaS) stocks performed better than the Dow Jones Industrial Average (down 8.84 percent) and the Standard & Poor’s 500 index (down 8.57 percent) in January 2009. Now the bad news: SaaS stocks still fell almost 7 percent during the month, according to our SaaS 20 Stock Index. Here’s a look at the biggest monthly SaaS winners and losers, plus a SaaS market forecast from IDC.
Software as a Service Stocks Down 5% In 2009
Posted January 25th, 2009 by Joe Panettieri
Our SaaS 20 stock index, which tracks software as a service stocks, is now down more than 5 percent in 2009, having slipped a nominal 1.22 percent for the week ended January 23. Here’s a look at the weekly SaaS winners and losers.
Software as a Service Stocks Rise Nearly 4 Percent
Posted September 21st, 2008 by Joe Panettieri
While financial stocks were on a roller coaster ride, software as a service (SaaS) stocks delivered a strong showing for the week ended Sept. 19. In fact, MSPmentor’s SaaS 20 Stock Index rose 3.81% on the week. It was the first time the index rose since mid-August.
Kenexa Drags Down Software as a Service Stocks
Posted September 14th, 2008 by Joe Panettieri
MSPmentor’s SaaS 20 Stock Index declined 1.47% for the week ended September 12, dragged down by bad financial news at Kenexa Corp., which specializes in HR-related on-demand applications. It was the fourth consecutive week that our index, which tracks software as a service (SaaS) stocks, declined. Here’s what’s going wrong — and right — with SaaS stocks.
SaaS Stocks Fall 2.13% for Week Ended August 29
Posted August 31st, 2008 by Joe Panettieri
Disappointing quarterly results at Dell Inc. dragged down MSPmentor’s SaaS 20 Stock Index for the week ended August 29. The index, which tracks the software as a service industry, fell 2.13% during the week.
Why Are SaaS Stocks Climbing Higher?
Posted August 10th, 2008 by Joe Panettieri
As I mentioned August 8, software as a service (SaaS) stocks have been moving higher lately. In fact, MSPmentor’s SaaS 20 Stock Index has climbed four consecutive weeks.
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