Online Apps See A Boost From Recession Frugality

Companies eager to save money are the primary catalyst for what appears to be a lift in the use of low cost or no cost online applications, including Google’s personal productivity Docs.

Box.net says sales are ahead of quota this year

Box.net says sales are ahead of quota this year

While sales of computers, servers and new business software continue to feel the pinch of the economic downturn, online applications seem to be dodging the the worst of the malaise.

At vendor Box.net, for instance, growth has accelerated from last year’s roughly 250 percent growth pace.

The company is beating its quotas, says Jen Grant, vice president of marketing. “People are looking (at online products) more closely.”

Grant says business people are seeking less costly ways to get their work done at the same time as they need document services outside the corporate firewall that can be used by customers and partners.

Box.net, which is an online service for document collaboration, says it fits the bill.

Despite the sour economy, the migration to the cloud continues.

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