Articles
December 20, 2021
AVCJ: Venture capital investors in China are turning their minds and manpower to the country’s nascent enterprise software opportunity, but the evolution curve is unlikely to be an exact match of the US
(11/20/2019) To many industry participants, software-as-a-service (SaaS) – specifically the migration of on- premises software to cloud-based solutions – is the biggest opportunity on the dark side. China’s enterprise-level SaaS market was worth RMB24.3 billion in 2018, a 48% year-on-year increase on 2017. IResearch Consulting projects it will reach RMB65.4 billion by 2021.
