"According to business solutions provider SAP, about 30 percent of Singapore companies are using shared services in their operations to reduce cost."

That is the way of future people. Software as a Service (SaaS) is winning on the software market's all the time and companies seem to be really happy about it.

It was not very long time a go when I was selling software for companies and they insisted that it had to be installed to their premises. Unfortunately that usually costs a lot because of the software maintenance costs and installation fees and etc.

Nowadays companies do not need to invest on hardware, installation or anything extra but only start paying based on the usage. It is easy, cheaper and you get what you want in blink of an eye.