There is a steady increase in the migration of the business towards the cloud in a slow & steady way. It is visible in various IT enterprises which are adopting the “cloud-first strategy” based on the SaaS model to stay pertinent in a fast-paced world.
Nonetheless, many business owners consider SaaS as a double-edged sword. Why? The reason is it presents an ideal solution for old problems and paves the way for new challenges related to the security policies for managing the data.
A heartening fact is that some other companies in the diversified business are generating more revenues on the SaaS platform. It has been possible due to the migration of their existing solution on the cloud-based application in the most successful manner.
In the present scenario, SaaS has become an alternative IT deployment solution which has allowed the business to outsource their work to a professional team. Afterward, they will take care of all your work by configuring the software application appropriately.
Still, there are lots of questions which are pondering on the businesspeople as whether SaaS is a good or viable option for their business growth or not. Other questions which might arise in the minds of entrepreneur are:
- What is the worth of moving the business to SaaS?
- Is it possible to take advantage of SaaS module on business growth?
Well, let’s go deep through the article to find a solution to these questions.
What is SaaS?
Software as a Service or commonly known as SaaS is a software distribution model based on cloud computing technique. According to it, a third-party service provider hosts applications online which could be readily available to the customers to utilize for their purpose.
There are various SaaS applications which have gained immense popularity in recent times. Notable of them include; Google Apps, Dropbox, MailChimp, Salesforce, and many more.
Why are Business Managers taking Quite an Interest on SaaS Platform?
In the last few years, many software vendors are targeting audiences such as IT professionals, financial consultants, and business executives to showcase the importance of SaaS solution to their daily business routine.
What’s more, recent studies have shown that there has been a significant increase in spending on cloud IT software worldwide. In 2015, the expenditure on cloud service was 67 billion US$, which increase to 136 billion US$. Furthermore, it is expected to increase to 216 billion US$ by 2022.
Thus the given fact implies that SaaS solution has provided a perfect recipe to the business owners to generate million dollar revenue by availing their online services to the needy customers. Interesting fact, isn’t it?
Before venturing further, the first thing you need to understand is about the growth in business. Do you know why growth is essential for a business? There are various reasons attached to it:
- Growth yields greater returns
- Growth forecast long-term success
- Growth stimulates market capitalization gain
After going through the above facts, it implies that there is no business without significant growth. And it is possible by adopting a unique strategy such as SaaS to showcase their services to customers proactively
Benefits SaaS Provides to Scale up your Business Growth
SaaS is creating uproar in the world of business as it has helped them to get the latest capabilities at a lower cost without having a concern about their future business needs. To access the profits associated with the given technology, go through these benefits, and consider lucky as you have implemented SaaS in your business. These benefits are as follows:
A. Easy Scalability to Increase Success Rate of your Business
The most crucial aspect of SaaS is that the given model can get quickly and easily scaled up without any extensive appeal or without changing the structural mechanism of the given business.
What’s more, being part of the cloud environment makes it possible for the customers to ignore traditional model services. Also, it permits them to enhance their server capacity planning so experience scalability in the most appropriate manner. Sounds good, isn’t it?
So, contact one of the best SaaS application development services and get access to highly scalable and integrated solution just at your doorstep.
B. Zero Infrastructure to Ease Maintenance
As the SaaS model is based on cloud, there is no requirement to indulge you in the complex procedure of creating infrastructure. Your SaaS vendor will effectively handle it, and they will also be responsible for your hardware maintenance. Besides, they will also take care of which operating system to be supported by your database.
So, dedicated staff assist you in meeting your needs and aspiration and results in a reduction in the maintenance costs to a greater extent. Thus, the given fact will help your business to grow at a faster pace.
C. There is constant Access to the New Updates at your Service
SaaS providers are experienced in managing the software updates and provide you seamless updates to eliminate the need of installing the services. In addition to this, all the costs associated with the upgrades are negligible as compared to the traditional model.
So, a regular update at an affordable cost will keep you up-to-date about the new and latest happening in your business and help you to stay ahead in the given cut-throat competition. Indeed, the right technology, what do you say?
D. With SaaS, you are Guaranteed with High Level of Service
The traditional software does not guarantee how well they will perform, which will put your business to grave risk. However, this is not the case with SaaS software as it ensures that the applications will be available at your service 99% of the time.
Another aspect is that if any SaaS provider fails in fulfilling your needs, which has not happened till date, they are entitled to pay penalties without affected the customers.
E. Easy to Use Thanks to Highly Secured & Testing Features
SaaS software is easy to use as it comes with exciting and attractive features. What’s more, it allows the users to test the software functionality in advance before its release so to enhance the credibility of the given service.
Besides, there are various versions available to make a smooth migration of your technology from one platform to other.
So, there are various benefits associated with the SaaS model. Various industries across the world are displaying their keen interest to incorporate the given software model to enhance their business growth and take it to a greater extent.
Companies have now realized that adopting a SaaS model will make their business more competitive and high endure in nature. So, make the vast choice and stay one step ahead to your competitors.