Spread the SaaS

A quick look at why SaaS is the next step to take for a better business growth.

What’s SaaS?

I’m sure that’s the question that comes first for most of us that have been newly introduced to the term. Let’s just begin by giving you a quick crash course, shall we? SaaS stands for Software as a Service, now that the abbreviation is out of the way, here’s what Software as a Service truly means, as a term and for you as a business.

Software as a Service (SaaS) is a licensing and delivery model of cloud-based software applications that can be accessed by customers/you online for a subscription fee. There’s also no need of acquiring new hardware and regular maintenance that comes with on-premise. Sounds simple enough, right?

It is.

SaaS has quickly become a more convenient and hassle-free method for organizations and companies using business-value software and applications as it does not need to installed on individual systems, making it a far easier approach than on-premise software. All you need to do is pay simple fees according to specific plans provided by the SaaS vendor/developer and get going.

Let’s take a brief look at all the information you may need about SaaS and its advantages.

Types of SaaS

While SaaS itself is an option amongst diverse forms of cloud computing (IaaS (Infrastructure), PaaS (Platform), MBaaS (Mobile Backend), DaaS (Desktop) etc.), there are two varied versions of SaaS as well, namely:

Vertical SaaS: refers to the software which provides specific industry-based solutions. (For example: healthcare, automobile, retail industry etc.)

Horizontal SaaS: refers to the software that provides business tools that can be used by all industries for their business processes (For example: CRM, HR, Development tools etc.)

You can also host the SaaS application on private cloud, public cloud or hybrid cloud, ensuring the large amounts of data uploaded is secure.

Understanding the Need for SaaS

While the SaaS platforms are nowadays developed by SaaS vendors themselves, the market for SaaS has grown exponentially, and has been incorporated in leading enterprises globally. Whether you’re a large enterprise, MSME or a pop-up shop, SaaS is now becoming main-stream for all, regardless of the size or industry.

With the incorporation of AI, machine learning, big data analytics and many such trends, including digitization of business processes and services, SaaS has been a versatile tool that has branched into various avenues according to what your business, employees and customers need.

Due to the fact that cloud deployment has increased and is in high demand, it has also made SaaS platforms affordable for MSMEs. According to statistics by 99Firms, 73% of organizations have mentioned that nearly all their applications will be SaaS-based by 2021 while 93% of CIOs will be planning to adopt or adopting cloud SaaS, all to increase the speed of their product/service delivery.

It has also been specified that by 2020, 41% of the workload will be dependent on public cloud, 20% on private cloud, and 22% on hybrid cloud respectively which will take a large chunk of burden off of employee and workers’ shoulders, automating most processes and reducing the time, capital, resources, and manual labor it takes to complete a project successfully.

Now let’s give you a few reasons why you should choose SaaS to fuel up the way your business functions.

The Advantages of Choosing SaaS

There’s not just one but plenty of reasons why enterprises and MSMEs are choosing SaaS platforms to enhance their business growth and get better results, some of which are:

Convenient Configuration:

First and foremost, the convenience SaaS offers for configuration and deployment. Maximum SaaS platforms offer a registration and minimal configuration to get started, which minimized the time and hassle that goes into the usual installing of on-premise software. All you need to do is register and pay.

Easier Accessibility:

Since SaaS platforms are cloud based, they’re available on all web-based platforms and devices. Whether you’re in office using your system, or working from home, you can access the platform on your PC, laptop, mobile or even on your e-reader. This versatility helps when you’re on-the-go or travelling.

Automatic Maintenance and Updates:

Unlike its on-premise counterpart, the cloud-based platforms require minimal maintenance and any new updates or features are added with a single click or a tap, saving you the hassle of repairs and losing the progress you may lose if your device crashes or is harmed in any way. The automatic deployment ensures you can focus on your tasks without adding to your workload.

Reducing Time, Capital, Resources and Labour:

Need we say more? With all your important tasks and processes automated, you can save time on wasteful follow-ups and the time it takes in launching a project or getting it off the ground. Not only does it track your progress, you can also analyze the data easily to find out the hidden risks, track allocated budgets, savings and the usefulness of a project all just a click away. Most of the SaaS platforms provide an end-to-end automated workflow, where you can assign roles, tasks and ensure transparency in your business process and teams.

Flexible Scalability:

SaaS platforms offer a number of options and subscription plans according to what you as a business or user might need, so it creates multiple avenues for how the platform will be used. You can also add or remove users, locations, or branches according to how your business scales. Not only that, SaaS is generally integrative, so you can integrate business APIs or other tools you require to run your business more efficiently.

Enhances Engagement and Productivity:

SaaS is notorious for its simple and engaging UI that ensures your team and employees are getting the most out of the platform. Some applications offer game-like features that maintain your team’s enthusiasm for completing their tasks and projects. Employees are an asset to your business and SaaS helps you recognize individual efforts and reward them.

Not just that, you also often have a point-system or rewards configuration in the application, along with a leader-board (just what IdeaBridge offers) to help your employees avail certain benefits by earning points on completed tasks, which can later be redeemed through incentives or bonus. These features ensure your employee’s individual achievements are seen, heard, valued and, recognized. After all, the higher the engagement and employee satisfaction are, the more the productivity and business goal are achieved.

These are the most basic and the most important advantages you receive when you choose SaaS for your business, for example: like choosing IdeaBridge, which offers all the above advantages and more. Our IdeaBridge® Workflow & Innovation Management Platform is designed to aid and ensure you are connected to each level of your organization no matter where you are, as well as help save time, resources, capital and reduce manual labor by automating your processes and keeping you updated in real-time, a valuable blend of horizontal and vertical SaaS. With us, you can create new and innovative methods, strategies, products etc., manage costs and increase savings, raise team engagement levels and improve customer experience.

Sounds interesting? Check out our website for further details.