Why Cloud-Based Software Still has Long-Term Growth

Did you know? According to an article posted recently on MarketWatch, companies that operate in the SaaS space are projecting big revenue gains? This is true because, according to the article, “even without mergers and acquisitions, cloud-based SaaS providers that continue to grow rapidly with attractive unit economics have a long runway to create value as stand-alone subscription-based businesses.”

This, coupled with the tech sector currently trading at a modest price-to-earnings ratio premium to the S&P 500, continues to fuel growth within this areas.

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