What is SaaS?
The ‘as a service’ model has gained a lot of popularity in the last few years. Great strides have been made to make SaaS, PaaS and IaaS not only viable but the preferred model for most businesses and organisations.
Software as a service is a cloud-based software delivery model in which the software provider develops and maintains the application software while providing automatic updates and customer support. This software is made available to the customers digitally via a pay-as-you-go ‘subscription.’
Since the provider manages all the hardware, middleware, configuration and security, SaaS customers enjoy the benefit of instant deployment and ease of scale at a dramatically lower cost.
SaaS has made it possible for employees to instantly own and use all the tools that they need for their jobs. It has also given widespread access to these tools, making adoption easier and quicker than ever before. There is no surprise that on-premise applications and manual license purchases are becoming obsolete. SaaS gained popularity because it allows organizations to minimize their business overheard without the hassle of long term commitments or IT involvement. Despite some initial challenges, widespread consumer demand has cemented the growth of software as a service.
Modern cloud suites can function across and connect everything from financials, human resources, procurement, e-commerce, marketing, sales, project management, communication and more.
Major benefits of a modern SaaS solution include:
- End to end built-in processes
- Ease of configuration
- Rapid data portability
- Comprehensive cloud security
- Real-time analytics and insights
- Ease of integration and scale