Blue Bell, Pa., February 7, 2008 ?ιΤΗτ PDS, an award-winning developer of web-based human resource and payroll systems, today announced that it experienced significant growth in 2007 by doubling its revenues over 2006. Sales from the company's hosted Vista HRMS (human resource management system) model grew from 30 percent of its licenses in 2006 to 55 percent in 2007.
"The fact that more than half of our sales last year were for our hosted solution really validates this approach," said George Brady, vice president at PDS. "We believe that one size does not fit all. Under our model, we host our clients' licensed software in a single-tenanted environment using a secure VPN point to point connection and our clients are able to configure our Vista solution to meet their own needs ?ιΤΗτ all without the need for in-house IT support."
The subscription or rental model offered by SaaS (Software as a Service) vendors requires the user to conform