People sitting around a wooden table holding a meeting by Fauxels
SaaS has been rapidly adopted by businesses worldwide in the last 10 years. According to Gartner, SaaS was predicted to flourish to $104.7 billion in 2020 and was still perceived to be the largest market segment.
Even today, several companies have been migrating to SaaS in cloud computing. It has established itself as the competitive software deployment model.
Today we’ll walk you through the advantages of SaaS technology and how it can help your business get from good to great.
Table of Contents
What Is SaaS (Software as a Service)?
Software as a Service or SaaS in cloud computing is a manner of delivering software applications that are hosted remotely to end-users through an internet connection.
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The IT industry has been progressively shifting towards cloud computing, which has three core categories: IaaS (Infrastructure as a Service), PaaS (Platform as a Service) and SaaS.
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In a cloud computing ecosystem, customers are not bound by software or a local machine.
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Applications of SaaS in cloud computing are fundamentally internet-delivered software applications that are accessible on any device and from anywhere.
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The end-users do not purchase the software but rent it out as either a usage-oriented subscription or either on a yearly or monthly basis.
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SaaS cloud computing is unconventional in that it doesn’t have to be purchased, unlike other software.
We have seen several companies integrating cloud computing. The SaaS cloud providers are incorporating SaaS in cloud computing as an interesting alternative to traditional models and technologies. This has led to massive benefits and gains.
Let’s explore how SaaS cloud solutions can benefit your business and why you should adopt it.
Benefits of SaaS in Cloud Computing
The SaaS model is seen as an intriguing alternative to on-premises software as it offers paramount advantages that cannot be overlooked.
1. Impressively affordable with notable savings
SaaS solutions in cloud computing offer remarkable cost savings because it works like a rental. This means it eradicates the upfront cost of installation, purchase, and enduring expenses such as upgrades and maintenance.
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It is used in a multi-tenant or shared environment where the license price is lower in comparison to on-premises software.
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You don’t need to spend a penny on hardware installation but instead, have the option to swiftly download the software and use it efficiently.
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The maintenance cost is mostly split between the different end-users and the software is maintained by the SaaS provider.
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This means you only pay for what you use, and your money isn’t wasted on unexploited licensing.
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The effort and cost required for new releases and upgrades are lower. You don’t have to keep buying an upgraded package or spend money on specialized services to gain access to the upgraded software.
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SaaS in cloud computing is extremely beneficial for smaller businesses. It can help in vigorously expanding the customer base. It also comes with lower financial risks.
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Smaller businesses can have access to pricey, dynamic, and unaffordable software that would be unthinkable through traditional purchasing means.
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2. Time-saving and accelerated innovation
The most advantageous facet of SaaS in cloud computing is that the software is already installed and configured by the provider. The team doesn’t require a lot of time to adopt it as it has a smaller learning curve.
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The application only takes about a couple of hours, after renting, to use. All you require is an internet connection.
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Your team doesn’t need to waste any time on the installation process or errors that might crop up during the deployment of the software.
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The responsibility of maintenance is completely addressed by the vendor.
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Instead of spending time grappling with the upgrades or upkeep of the software team can focus on innovation and other significant tasks.
3. High accessibility, compatibility, and scalability
In a traditional model, the biggest drawback is that you might need to purchase another software or server for integrations.
The SaaS model comes with many subscription plans and the flexibility to change it whenever needed.
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SaaS in cloud computing is scalable and offers integrations with other SaaS components. You only need to enable a new SaaS component whenever the need arises.
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The team will have the option to scale the usage of SaaS cloud solutions based on the specific needs. You can change the usage plan without even giving any advance notice.
It comes with high accessibility which will allow every team member to access it from any location and on any device connected with internet capacity.
Since all the data is stored in the cloud, there are no chances of important data getting lost because of any kind of hardware failure
4. Safety and security are invincible
There are quite a few SaaS providers who invest in maintaining the security of the software. The company’s business data is safer in this structure than in other traditional models.
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Most companies or vendors run multiple geographically separated data centers connecting the structures to provide SaaS applications.
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So, if you face any trouble in one of the data centers, the other will continue to work to ensure there is no service disruption.
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5. Quality service and exceptional data backup-recovery process
This modern technology gives a guarantee and assurance of how well it works. It already defines the performance level by ensuring that the applications are applicable 99.5% of the time.
The process of a weekly backup of data is not as labor-intensive. SaaS comes with an automated backup system that doesn’t require any intervention from the end-user.
SaaS in cloud computing can be massively beneficial as it has a lot to offer. It is one of the best options for both small and large businesses as it can help save time, money, and other resources. It reduces issues pertaining to incompatibility or maintenance and allows the business to focus on innovation and productivity.
Conclusion
The SaaS cloud solution is one of the many technology trends that has somewhere gotten lost in the plethora of inventions. It can get quite confusing for organizations to keep a tab on the good ones and becomes easier to ignore.
However, as you can see, SaaS in cloud computing can deliver indispensable benefits and hence has become a kind of holy grail for software developers and SaaS providers around the globe.
If you want to know more about our SaaS software development services, connect with our team! You can also learn a lot about how efficiently our SaaS developers can meet your unique requirements with SaaS application integration.
You can even browse through our portfolio to know more about our software development services and data insights solutions.
Can’t wait to shake up existing markets with SaaS technology? Contact us now!