Have you ever wondered what does SaaS stand for?
“Software as a Service” is an application distribution model where cloud providers host apps and make them available to users via the internet.
The explosion of SaaS adoption has been happening at a rapid pace in the last decade, and that too, mostly outside the IT industry. And now, with the cloud burst (pun intended), we are literally at its tipping point where SaaS-aided designs (CAD) and PML apps can give their on-premise counterparts a run for their money!
Now, there’s a question – what exactly is SaaS in cloud computing, and why should you care about it for your business?
Well, SaaS, like many other enterprise software development trends, has become a buzzword that is confusing and hard to ignore. This software delivery method introduces you to the latest forefront of technology within a pre-determined budget. With complete professional support, cloud computing or SaaS helps your enterprise make the most of costs while being highly flexible.
As a renowned SaaS product development company, we have composed a few significant advantages that SaaS integration will provide for your enterprise to bloom in the right direction.
Benefits of SaaS (Software as a Service)
You can leverage many benefits if you move your infrastructure to the cloud. While talking about what is SaaS software, one thing you must know is that it will surely reduce your costs. So, let’s go through each advantage of SaaS for your business.
1. Cost-Effective
Choosing SaaS can result in significant savings for a variety of reasons. Firstly, SaaS eliminates the upfront costs the user has to pay for purchase and installation. Ongoing costs like maintenance and upgrades are also no longer a factor. Instead of spending large amounts of money on hardware resources, SaaS apps are easily downloadable and virtually maintenance-free from the user’s end.
Secondly, the pay-as-you-go SaaS pricing model allows businesses to reduce costs, given that they only have to pay for the software they are using and not wasting resources on unused licensing.
For small businesses, SaaS is truly a boon, given that these businesses now have access to high-powered software, which is not only expensive but unobtainable through conventional methods of purchase because of budgetary constraints. The subscription-based nature of SaaS platforms eliminates the financial risk that comes along with expensive software.
SaaS is a deployment model that handles IT infrastructure complexities and deploys business apps without the time and resource-consuming hardware maintenance. All of this is the responsibility of your SaaS vendor, allowing businesses to choose the right OS, free up resources, and redirect them towards other processes.
2. Time Management
Time is money. Thankfully SaaS can help businesses in saving both. For SaaS applications, installation requires merely an internet connection and the acquisition of a log-in. Moreover, maintenance responsibilities that come with traditional software are shifted to the vendor in the case of SaaS, thus eliminating downtime or extra work hours required to upgrade standard software.
3. Scalability and Accessibility
Yet another feature of SaaS is that it offers fantastic flexibility. Since the software is externally hosted by the SaaS application development company, businesses can change their usage plan without having to worry about giving advance notice. Furthermore, SaaS solutions can be accessed from anywhere in the world, given their web-based use. With SaaS, users are able to access their data and work effectively from anywhere, making the situation a lot easier for home workers and people who work at multiple sites.
4. High Compatibility
In the traditional method of software installation, updates can be very time-consuming and expensive. Compatibility issues can arise because of version discrepancies between members of the workforce. However, with SaaS technology, users simply log in to the latest upgraded version of their SaaS solution. It is the SaaS vendor’s responsibility to manage updates and upgrades, removing the need to install patches.
SaaS assures that the end-user will always have access to the most up-to-date version of the software. Software as a service definition includes eliminating problems like software maintenance and incompatibility, thus providing your enterprise with streamlined focus and higher productivity.
5. Guaranteed Levels of Service, backups and data recovery
Unlike traditional software, SaaS gives the user a guarantee on how it will well it work. At Radixweb, we guarantee our subscribers that all applications will be available 99.5% of the time.
It is common knowledge that with traditional software unless an expensive automated solution is deployed, the process of data backups on a weekly basis can be very labor-intensive. Enterprises can completely remove the task of data backups with SaaS as it supports automated backups without user intervention, thus ensuring data integrity.
6. Amplified Security
In most situations, SaaS solutions can keep an organization’s business information safer than traditional software. For instance, at Radixweb, we run multiple geographically separated data centers, which contact the IT infrastructure to deliver our SaaS applications. In the unfortunate event that an obstacle appears in one center, the other data centers continue delivering our services.
7. High Adoption Rates
It is noteworthy that since SaaS solutions are delivered over the web, they usually have much smaller learning involved since employees are already used to working on the internet, resulting in rapid adoption by the workforce.
8. Try it before you buy it
Talking about what is SaaS company, those service providers offer free trials of the products and that too of the full version. This means that businesses can take advantage of ‘prep time’ to see gauge the viability of the solution and how well it works with their organization programs before making any investment in the systems.
Is Your Business Ready for a SaaS Platform?
If you are planning to implement cloud infrastructure, then there may be chances that your business is not suited for SaaS. But if you have excellent software, a loyal client base, and a recurring payment processor, well, then you are on your way to adopting the SaaS model.
The SaaS platform is a suitable business model for both clients and software providers if you properly deploy it. It provides an easy-to-use system for customers while allowing your business to improve your product and easily communicate those changes to customers. So, if you want to enhance your business output and take it to the next level, SaaS is a suitable model.
