Saugatuck CEO McNee to Speak on Cloud Computing and SaaS Futures at Parallels Summit

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Head of leading research advisory firm to share insights related to the emergence of a new Cloud Computing ecosystem

Recent media and analyst coverage around Cloud Computing and SaaS has often neglected the emerging ecosystem that is forming around these disruptive technology waves - and how ecosystem partners and customers alike can best leverage these trends to their advantage. These are two key research themes that will be highlighted at the upcoming Parallels Summit 2009 conference by Saugatuck Technology founder and CEO Bill McNee, which begins on Monday February 2nd at the Mandalay Bay, in Las Vegas, Nevada.

On Tuesday, February 3rd, Mr. McNee will first moderate the closing keynote panel entitled Weathering the Storm: Finding Silver in the Clouds. Joining Mr. McNee will be hosting industry heavyweights Morris Miller, founder of Rackspace, Andreas Gauger, founder 1&1, and Bernie Meyerson, VP Strategic Alliances and CTO at IBM (STG). In addition to wrapping up and summarizing some of the key themes from the first day of the event, the panel will focus on the changing landscape brought about by Cloud Computing, how Cloud Computing is transforming the traditional hosting business, what are the competitive threats, and what hosters should be doing now.

On Wednesday, February 4th, Mr. McNee will open day two of the event with a keynote entitled Blue Skies? Clearing the Air on Cloud Computing and SaaS. In this presentation, McNee will share recent findings from Saugatuck's ongoing research into Cloud Computing and SaaS, including a new Cloud Computing ecosystem framework that helps bring clarity and shape to this emerging computing phenomenon.

"I am delighted to again participate in this important industry event, focused on two of the most disruptive forces driving change in Enterprise IT - Cloud Computing and SaaS," shared McNee.

About Saugatuck Technology
Saugatuck Technology Inc. provides market strategy consulting and subscription research services to senior executives, information technology vendors, and investors, combining strategy development, business planning, and market intelligence with first-hand research of executive technology buyer trends. Founded in 1999, Saugatuck is headquartered in Westport, Connecticut (USA), with offices in Silicon Valley and in Germany. For more information, go to http://www.saugatech.com, or call +1.203.454.3900 in the US, or +49.6123.630285 in Germany. To request a briefing with our analysts, contact Chris MacGregor at chris.macgregor(at)saugatech.com.

About Parallels and the Parallels Summit 2009
Parallels is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and service providers across all major hardware, operating systems, and virtualization platforms. Founded in 1999, Parallels is a fast-growing company with 800 employees in North America, Europe, and Asia. For more information, please visit http://www.parallels.com.

The Parallels Summit 2009 is a free event taking place from February 2-4, 2009 in Las Vegas, NV. The event focuses on the opportunities and challenges around cloud computing, SaaS, virtualization and automation technologies. Hands-on technical labs will provide live demos of Parallels technologies and a number of networking events will enable attendees to meet peers and potential partners. With over 1,000 attendees registered already, this is the biggest conference in the hosting industry. To register, or for more information, please visit http://www.parallels.com/summit.

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CHRIS MACGREGOR
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