Now traditional software is dead!

During the Christmas period, Software as a Service (SaaS) outages at TypePad and Salesforce.com (among others) prompted some to suggest the SaaS model was fatally flawed (see my 29 December post). Now, courtesy of Phil Wainewright, I read that "traditional software is already dead". He quotes, Jason Maynard, an analyst at Credit Suisse First Boston, suggesting that this is a timely reminder to Wall Street (and, I would add, other financial institutions) to start taking on-demand software more seriously.