Before anyone holds this up as yet another example of the risks of SaaS I thought I’d make a preemptive strike.
To add to the stories in the past few days about both Pownce and I Want Sandy shutting down, we now have news that a Danish SaaS company CEO has done a runner following what seems like massive fraud and deception.
Sure – anyone using SaaS needs to do a thorough due diligence – but lets nt pretend that it’s not the same for desktop software. How many people have invested gazillions in desktop apps only to find that the vendor discontinues support and the user is tied to a completely proprietary and completely legacy offering.
So yeah – I Want Sandy and Pownce are two sad stories. IT Factory is a sad (and seemingly criminal) story. But they’re not stories in anyway providing grist for the mill for the naysayer who warn against a move to the clouds.