SAAS mean software as a service, in the cloud computing where the consumers pay either monthly or annually for license only. They don’t need to buy servers and install these on the computers. Consumers can access their software (with protected credentials including username and password) and it’s all part (depends on the subscription plan).
There are a lot of SaaS based business apps automating and running the system and process of the business. You will find a lot of software as service available; ranging from HR to graphics designing to finance to sales and marketing. Majority of such applications are incorporated for the remote collaboration, data storage, sharing, productivity, reports etc. This article shares the reasons why business applications of today need SAAS adoption.
Higher profit & Projected Income
SaaS business model in cloud computing boosts profit by 100 times for the software and IT based businesses. Software as a service implies that a business pays for the rent for using computers and software on a monthly basis rather than purchasing these one time. Businesses do not charge huge money for the updates so far. But even to use the operating system, account software, graphics design software etc., on the computer, one must pay money every month. It shows that SAAS is a n obvious benefit for the businesses, helping them earn more profit.
Enhanced Product/Services Quality
When software gets updates on a monthly basis with updated feature, leveraged on users’ data and utilizes it, there is a positive impact on the quality of the end product or service. SAAS businesses surely use their business data to design personalized/auto-scaling services in their product via Artificial intelligence. The team members are also able to access the most advanced and latest features of the software. It helps them to develop, design, create, write, and plan the product services and development process more easily and precisely.
High Productivity & Less Management
Small scale businesses, banks and government offices etc. are not require to manage every part of software like installation, training, licensing future demands, servers and manpower for consumer services. Many of these are automatic. It implies that the workforce can spend time on tasks that are more important for the consumer services, enhance the quality and focus more on improving the profit. At the end, the product becomes higher in quality and service in the business where SAAS based applications are used.
No Software Piracy:
One of the most prominent benefits of software as a service is that it helps decreasing or stopping the software piracy and its unlawful distribution. It will not just boost the profit of the sellers but also the profit for the real users. For instance, if you’re having a licensed software for your business but your competitors are using pirate software, it implies that your competitors are saving more money by using the pirated copy. They sell the services at lesser price than you. And it’s hard for you to expand your business in such situation. SaaS helps you in such cases, bringing you significant cost savings without compromising regulations and product/service quality.