Why SaaS and How It Impacts on Business Growth Rate

Many Industries and business owners trust SaaS (Software as a Service) as a double-edged solution.

It presents the ideal solutions to every old aged problem and re-construct the new module of maintenance, adds new challenges in security policies, and managing insightful data.

Meanwhile, some other companies are generating more revenues and profits on SaaS solutions with choosing over migrating an existing solution or building their own cloud-based applications.

But every industry views the benefits differently and figure out their unique cloud journeys.

Whereas the switching to SaaS ideas is being around it for more than 30 years, the web-based technology started the support after the 2000s.

In today’s scenario, SaaS is an alternative cost-effective IT deployment where the business owners just need to build their own infrastructure or outsource to a professional team.

And the team will configure the software application and maintain it all.

Still, it has lots of questions for business owners whether SaaS is the viable option for them or not. Like;

  • How worthful for Moving the business to SaaS?
  • What possible business advantages at SaaS Module?
  • Or, it just another Business contraction?

Well, let me explain all these above questions. Here you go,

What is SaaS:

I have given the extended classification for SaaS previously. With SaaS, a service provider multitude the application at its data center, and a consumer can access it via a well-supported device.

It also uses the flow of the internet to carry applications to its consumers. Cloud platform, or Platform as a Service (PaaS), provides the cloud components to certain software while being used mostly for applications.

Why Cloud?

10 years ago peoples think about cloud technology. And in 2008 – up to 12% of businesses were using a cloud-based application.

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But today, it’s a different story.

The recent survey shows that cloud computing strategies have been increased drastically between 2018 -19. Just because industries have been looking to move their applications to SaaS.

Statistic for Why CloudSource: Superoffice

Well,  you can say SaaS is literally taking over the cloud computing market. So, with no surprise global cloud service market is forecasted to grow in the coming years.

Who are using SaaS Modules:

Both individuals and industries have been running or using SaaS in their daily life.

Even I do use.

You must familiar with Google Drive. Everybody uses it to store the photographs online. It is a great example of using SaaS as individual users.

SaaS is applicable to both individuals and professionals. Because it does not require a supercomputer or any IT specialist to deploy either. This cloud-based module can be accessed from internet-based browsers.

With sharing my own experience, as a Web and Mobile app development company we also have developed two successful SaaS products i.e. Orangescrum – the Project Management Tool, and Wakeupsales – the Smart CRM Tool.

Orangescrum featured on Task Management, Time Tracking, Project Planning, and Collaboration to plan, track, and release projects with agility.

Whereas Wakeupsales featuring Marketing Automation, Ticketing, Lead Management, Document Storage, Email Marketing, and Light Weight Project Management Tool.

And we have customers are from different business industries and individuals like IT, Real Estate, and even freelancers have been using our SaaS modules as well.

The Benefits of Using SaaS at your Business:

1. Easy Scalability

The SaaS model can easily and quickly scale up without any extensive request and testing or without changing the mechanism structure, and installing supplementary software.

As per any additional service or storage concerns, the same process is deplorable.

So, it is exactly the reason whereas industries are moving to the SaaS model.

Easy Scalability in SaaSSource: Superoffice

It is also proven that the companies which are already moved the cloud module are experiencing how to scale quickly.

2. High Security

For every enterprise cloud computing strategies security is the biggest concern as per IT professionals.

Since the SaaS vendor is accountable for the preservation of data that a customer assigns them with, the security subject turns into extremely serious and customer data becomes marvelous confined.

3. Customization

As technology has evolved SaaS applications can integrate with other available software like Gmail, Dropbox or can be customized by the user’s demand.

In result, the customers can carry on using the software as they can usually be easily integrated with the SaaS solution.

4. Easy to Maintain

As the SaaS module runs at the cloud, the user does not need to install or upgrade any hardware which is maybe costlier and requires supervision. It means you do not need a dedicated IT staff as well.

The survey shows the enterprise found an approximate 15% reduction in IT expenses and 20% reduction in IT maintenance costs.

This will help the start-up industries to grow faster.

5. Easy Availability

A cloud-based application doesn’t have downtime. In 99.99% of cases, it doesn’t. In probably 99.99% time it doesn’t. As it is accessible to the internet, all you need is an internet connection and a web browser.

6. Cost-Effective & No Huge Investment

The SaaS module operates on pay-as-your requirement with no huge upfront fees rather than just monthly or yearly subscription fees.

This option actually suites mid sized companies as they are more careful about their investments.

However, SaaS adoption is a lower cost option after all when you compare it into sums of account you need to pay out on buying the required hardware, as well as hiring and managing resources to maintain it all.

I’ve worked with the team at AndolaSoft on multiple websites. They are professional, responsive, & easy to work with. I’ve had great experiences & would recommend their services to anyone.

Ruthie Miller, Sr. Mktg. Specialist

Salesforce, Houston, Texas

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Conclusion:

The benefits of the SaaS module are many.

Industries around the globe are showing interest in developing their own SaaS program and many are renting the service to deploy on their work desk.

Nonetheless, companies are starting to realize the value and cost-benefits of spending in a SaaS.

From greater flexibility to better security, the choice seems obvious. Just stay one step ahead in contrast to your opponents.

Planning to develop your SaaS? Talk to our Expert!

Know The Benefits Of Outsourcing SaaS Product Development

Since the last 13+ years, we have seen SaaS flourishing particularly in commercial industries. In the global market of technology, along with Software development, the Software as a Service (SaaS) is also growing and has acquired around 45 percent of the total application software spending in 2021.

The new sales models of SaaS development are replaced with more traditional forms of software licensing. 

Also, it is one of the major segments of the cloud market with anticipated growing revenues. It means, Software as a Service is making possible a greater scale of collaboration and helps to get better customer service and speed up the delivery process.

But, how the sales models of SaaS development can be transformed into something that can benefit the software companies.

These days, SaaS performing companies are saturating the market with increasing demand and competition of SaaS solutions.

In a statistical example, SaaS initial public offerings (IPOs) have been increased more than double over the past 12 years. And some of the high performing industries are increasing their team and resources with an average of 56% per year.

 SaaS Initial Public( Source: Grand View Research)

To stay ahead with the competitors, industries have realized to make product-market fit instantly. So, many companies are turning to outsource development teams to facilitate them to gather market demands in tilt and cost-effective techniques.

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Why You Need To Outsource The Software Development?

By outsourcing software development will help in solving major explicit issues, such as providing access to  talent, reducing expenses, and saving time. With outsourcing you can provide scale and decrease the time to market.

Many organizations are focusing more on soutsouce, including startups and medium level organisation. 

Is Outsourcing Of SaaS Development A Good Idea?

Meanwhile, SaaS application is in the mainstream-use between industries today, but at the same time, it is not an easy job. It has a need for a strong understanding and awareness of configurability, multi-tenancy, partitioning, security, etc.

This makes sure that a proper application can be developed which can be used to supply different types of consumers from different business verticals. So, defiantly outsourcing the software product development would a great idea to fulfill your requirement and it will return in a number of solutions or benefits to your industry, as well as:

  • reduced costs and better revenue margins
  • Access to larger pools of talented and capable developers
  • Improved prepared effectiveness by diminished damage on in-house resources
  • improved team effectiveness, with a particular value to Agile development methodology 

Let’s Find out the Key benefits of Outsourcing SaaS Product Development.

Outsourcing Redeems Startup Costs:

  • Normal developing industries frequently initiate with limited resources and funds which can make a significant challenge to developing the minimum viable product. Hence, working with an outsourced firm, industries can create a minimum viable product without spending their budget.
  • For example, a company that has outsourced its web and app development could start testing its MVP (Minimum Viable Product) as fast as likely is slack. Outsourcing, let the company compress the prototype and check its alliance software without any major risk.

Enhance Experience And Efficiency In Development Process:

  • It is never been a good idea for recruiting new talent as it can be an expensive and slow process. In addition, it can take a longer time to build a team that pools resources well together. So, working with an outsourcing team can give you access to the verity of technical expertise.
  • In result, outsourcing makes available a team of highly skilled developers with the expertise of product management, UX/UI design, and cross-platform development testing.
  • Hence, the same team has already worked together with some similar projects, their experience and advice can lead the process to a professional way.
  • For example, the outsourcing team can help with a choice about significant SaaS features, such as email and Chabot configuration, and payment modules. Also, they can provide supervision on features of the site or software that can be formed with existing technology.

Meet The Market Demand Faster:

  • “The capability to scale rapidly” is vital for every commercial industry.
  • According to McKinsey,

    “if a software company grows only 20 percent per year, then there is a 92 percent chance it will cease to exist in the future. Even if a software company grows 60 percent per year, its chances of surpassing 1 billion in revenue are still only 50 percent.”

    (Source: Mckinsey.com)

    So, in a very obvious way, to redeem the market demands continuous updates are very crucial for the SaaS companies. Outsourcing software development allows companies to deploy new features to the project to compete with the new troupes in the market.

Find Affordable Talents Through Outsourcing:

  • As I have mentioned above, recruiting a new resource is pretty time consuming and expensive. It also difficult to find appropriate and qualified developers having the required skills and having the knowledge to fulfilling the frequently changing technologies.
  • An outsourced team can handle a variety of tasks as security management, data management, and automation. If the team members are stretched too thin for too long, it damages the company’s productivity levels and decreases morale. Working with a consistent and reliable outsourcing partner allows companies to fill key roles with the talents.

The Future Of SaaS Development

Working with a skillful outsourced development team would help to gain a number of key benefits for commercial industries.

According to Cisco’s Global Cloud Index, 59 percent of all cloud workflows will be delivered as SaaS by the end of 2020.

In this present scenario, outsourcing  SaaS development has become an unavoidable part for companies those who are looking to save their time, resource, and quality output as well.

I’ve worked with the team at AndolaSoft on multiple websites. They are professional, responsive, & easy to work with. I’ve had great experiences & would recommend their services to anyone.

Ruthie Miller, Sr. Mktg. Specialist

Salesforce, Houston, Texas

LEARN MORE

Why Choose Us As Outsource SaaS Development Team?

Andolasoft has been providing the best quality SaaS Product Development services to its clients around the globe. Our experienced software developers have developed several SaaS applications like Orangescrum Project Management Tool and Wakeupsales – Smart CRM tool. You can easily endeavor into the newer marketplace without making a deep investment.

Companies need to recognize the range of advantages and disadvantages of SaaS before choosing this service from a third-party service supplier. So, if you are looking for a completely personalized and dependable SaaS development service, then you have come to the correct place.

Conclusion:

If you will start working with an experienced and quality Outsourced SaaS development team, you can get several benefits from it as mentioned above.

According to Cisco’s global index, it was announced that over 59percentage of SaaS clouds workflows are to be delivered by the end of this year.

With outsourcing SaaS development, it has become an important part for most companies that helps in saving lots of times, output and resources.

You can reach out to a trusted development agency like Andolasoft to develop your SaaS application and grow your business.

Looking to outsource your dream SaaS project? Let’s discuss!