How Does a SaaS Model Work?
If you are planning to integrate SaaS solution with your business, it is pertinent to improve your knowledge about SaaS. Software as a Service or SaaS, as we commonly call it, is a delivery model wherein a centrally-hosted software solution is licensed to users through a subscription plan. Any organization that rents its software via a cloud-based, central system can be called a SaaS development company. Some examples of SaaS include Google Workspace, SAP Concur, Salesforce, Cisco WebEx, Dropbox, and GoToMeeting.Not to forget, the finest example of SaaS is our favourite Gmail, which we’ve been using for years to communicate through emails – personally and officially both. Google hosts Gmail and users access it through their browser as a client.
Why Should You Adopt SaaS Business Model?
Not sure why SaaS business model is recommended for you? Let’s try to understand with the help of the benefits it offers. There are some amazing advantages of SaaS that are motivating most companies to adopt it. The biggest advantage of SaaS over other traditional models is that SaaS is already installed & configured. Other than that, SaaS advantages include:
Reduced costsEasy integrationScalable Upgrades (new releases) are easily available User-friendly Performing proofs-of-concept is easy
There is no exaggeration if we say that SaaS is the ultimate business model these days. As many as 40-50% of businesses have already started using SaaS for running their operations. SaaS operates in the cloud and these are usually accessible through desktop & mobile apps as well as web interfaces. SaaS is owned, managed, and supplied remotely by its providers – one or more than one. SaaS companies are responsible for maintaining servers, software, and databases that enable products to be used online (over the web). Users can easily access and make use of the software from any device connected to