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SaaS Index: Can SaaS Weather the Recessional Storm?

Friday, February 13, 2009
Many SaaS advocates argued last year that this technology was immune from a recession and a bear market, however, at least in terms of the bear market these stocks were hammered, losing over half their market value 2008. There are 2009 forecasts that are proclaiming that SaaS will be a winner in a recession and, in fact, could benefit from it as companies drive to cut costs.
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