MGI Research has learned that a Fortune 500 company signed a groundbreaking deal with Rootstock Software to supply the next generation of SaaS-based ERP solutions.

This is a seminal event in the adoption of cloud-based ERP solutions by large corporate users.  It signals a vote of confidence for multi-tenant cloud applications in very large, mission critical environments; for Salesforce.com and its Force.com platform; and, most importantly, for Rootstock Software customers and partners.