SaaS is reshaping the IT industry. Why not? It is cloud based that is one of the must-have technologies for businesses.
According to Gartner, SaaS is defined as software that is owned, managed, and delivered by one or more providers remotely. The delivery of software by provider is based on one set of common code and data definitions.
It is consumed in a one-to-many model by customers under contract at any time either as a subscription based on use metrics or a pay-for-use basis. In other words, SaaS is a leased software maintained by its developer and is not hosted on your area. Its apps are cloud-based.
What is SaaS?
SaaS refers to Software as a service, a way of offering centrally hosted applications over the Internet. Web based software, hosted software or on-demand software are other names of SaaS applications. No matter what name they carry, they run on a SaaS server.
You don’t need to install or maintain software because you just need a internet connection to get access thus saving yourself from hardware and software management. Your SaaS service provider will manage application access that involves availability, performance, and security. The use of a thin client through a web browser by users gives them access to SaaS business applications.
Why has SaaS become popular?
Saas has become increasingly popular as it has simplified deployment and reduced customer acquisition costs.
Now, developers can support a number of customers with a single version of a product. This is a multitenancy approach, allowing enterprises to scale fast without replacing costly hardware or hiring IT professionals.
As per a recent survey by Forrester Research, thousands of IT professionals are taking up hosted products to offload management of critical applications like CRM or HR. Additionally, the SaaS pricing model is subscription based that maintains consistency in IT budget or less than packaged software.
This post guides you about the important benefits of SaaS step by step.
The software application is already installed and configured in the SaaS model. The server’s provision for the cloud is easy and users can quickly run the application. As users get benefited earlier, this leads to quick demonstrations and prototyping.
Now, many SaaS companies offer free trials mean a painless proof of concept to show the advantages to the company. Either in demo mode or going live, intuitive interfaces for synchronized writing and fast uploading of electronic catalogs and lists of customers provide consistent benefits to salespeople without steep learning curves.
Updates can consume large amounts of time and money with the conventional software installation method. More often version discrepancies among members of your team can crop up compatibility issues that waste potential time. However, subscribers can simply log-on to upgraded services with SaaS.
Software as a Service has many benefits to offer. Businesses can save a lot of time, human resources, and money if it is used properly. As SaaS eliminates regular problems like software maintenance and incompatibility, it is able to provide streamlined focus and higher productivity to businesses.
Transform your IT department
SaaS has potential to change the way your IT department relates to and even what you think about your role as a provider of computing services to rest of the business. The responsibilities of service providers include deployment of an application, testing and installing patches, and tracking performance, etc. As your team get free from these duties, your team can focus other high-value activities that support your business goals. Your workforce will get an opportunity to contribute to business success more directly.
Save your pocket
Traditionally, deployment of business-critical software systems like CRM and ERP application suites have been an expensive undertaking. Such type of deployment requires much time, skilled staff and flexible budget and often possess a significant risk and expense particularly to SMB’s that keep such software out of their reach.
With SaaS applications, you don’t need to deploy a significant infrastructure at the client’s location thus eliminating the upfront commitment to resources. The purchase of software is risk-free as your prospective customer get a chance to try it before buying. Even if there is a requirement for only a piece of software for a short time, you just pay for that period, and subscriptions are easy to halt at any point in time.
As the cloud service provider supplies the processing power, you get saved from expensive hardware costs. Moreover, there are no initial setup expenses and you can use applications as. Whenever there is an update, all existing customers get notified automatically, often for free. You won’t be required new software as it often happens with other software.
You don’t need to worry about security when using a cloud-based program. Moreover, you don’t need to worry about sensitive information being lost in case your laptop gets misplaced. According to Microsoft, most cloud computing platforms are more secure as compared to traditional IT platforms. If you want increased productivity and security without increasing expenses, consider cloud-based programs. Adopting a personal cloud will improve one’s work efficiency and adopting the cloud for a small business like constant contact, Salesforce, and NetSuite is the safest and easiest way to integrate cloud into your business entirely.
Most SaaS apps support a bit customization according to the way you perform business operations. With APIs that SaaS vendors create, users can connect to internal applications like CRMs or ERPs and other SaaS providers. The main aspect of integration is that written orders in the field can be delivered to the EPR automatically. This makes easy for a salesperson in the field to check inventory through catalog, to update order in front of the customer to get approval, to send and receive confirmations in seconds.
Innovation is what SaaS commits
SaaS eliminates ineffective product management through inference and drives a cycle of innovation depended on real-time view of applications’ use by customers, made possible by the usage of tracking mechanisms. Now, businesses can update and upgrade software apps faster with the help of flexible architecture of SaaS products that is tough to do with legacy software counterparts.
This permits sharing innovation with peers without any botheration of unique configurations being impeded by enhancements. A SaaS product ensures seamless upgrades and users get instant access to new features and capabilities when they become available.
Most engineering software tools are Excel or Mathcad based and particularly read in text files. Mostly Excel files are easily prone to security attacks, with unrevealed scripts ready to launch when the workbook is opened. You can not ensure data protection within spreadsheets. There is almost no protection of your data within these spreadsheets. Though passwords can protect your sheets, substantial effort is still required to do this. Moreover, brute force attacks are common that can bypass workbooks without using any software.
How SaaS ensures the security by taking responsibility of delivering secure and scalable applications. You won’t even need to use any passwords to protect the user interface in SaaS. In addition, a user gets different security layers along with add-on options available:
- Industry standards
- Data encryption (HTTPS)
- Industry lessons learned
- User authentication
- Multi-Factor Authentication (MFA)
- Real-time monitoring
- Suspicious login activity
- Cloud host security certificates
- Customer Virtual Private Network (VPN)
- Customer audit
- 3rd party security audit
All aspects in one place
Consistent quality is what every engineer expects from software tools. The problem with traditional engineering software tools is their decentralized architecture. These tools, when deployed, do not ensure version-controlled software, quality, bug fixing, you name it. This results in flowing of several versions of a tool throughout your branches. Moreover, you might lose your potential time rectifying potential errors which make its further usage completely redundant. Data input and access to it are other issues. Due to duplication, the same amount of data could be seen in several spreadsheets scattered throughout your network. There is not even a way out to access this data with offline style tools.
SaaS solves these problems by centralising all aspects like build, deploy, update and access. By offering centralised databases, SaaS leads to enhancements to workflow and higher productivity.
As your business grows and you want to add more users, you don’t need to pay for server space or additional software licenses. You just need to upgrade your existing subscription plan to accommodate your users. Similarly if you have off seasonal trends, SaaS applications allow you cut down on subscription costs.
As you scale with a SaaS vendor, you just need to adjust subscription with no need to invest in server capacity and software licenses.
The SaaS market is growing rapidly. This growth results in the continued adoption of infrastructure such as CRM and ERP with new point solutions will emerge to streamline the sales and marketing continuum. In order to cater demands of customers and application vendors, deploying a new method is vital for managing and distributing applications throughout your API networks. SaaS is an effective way out that allows business to scale up operations with zero investment in costly infrastructure or additional IT staff to manage it.