The benefits and future of Software as a Service
The benefits of SaaS
Increased efficiency and cost-effectiveness are why many businesses turn to cloud-based SaaS solutions. The advantages include:
Low setup and infrastructure costs
You pay for what you need with no capital expenditure that needs depreciation from your balance sheet over time.
Accessible from anywhere
Connect to the internet, and you can work from wherever you need to be via desktop, laptop, tablet or mobile, or another networked device.
Scalability
You can adapt your requirements to the number of people who need to use the system, the volume of data, and the functionality required as your business grows.
Industry-leading service level agreements (SLAs) for uptime and performance
So you have assurances that the software will be available when you need it – a difficult promise for in-house teams to make.
Automatic, frequent updates
Providers offer timely improvements thanks to their scale and feedback about their customers’ needs, freeing up your IT department for other, more business-critical tasks.
Security at the highest level required by any customer
Security services are set up for those with the most increased need; all users benefit due to the shared nature of the service.
The future of SaaS
Cloud computing and SaaS have come a long way in a short time. Increased awareness and uptake have accelerated the growth of SaaS products and led to the rise of SaaS Integration Platforms (SIPs), such as Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). Companies will continue outsourcing non-core IT activities to specialist service providers who can do it better. The cloud approach can help companies develop end-to-end integrated solutions and concentrate on what they do best, leaving a wide range of hardware and software IT issues to service providers.
With companies adopting various “aaS” services, long-term relationships with service providers will grow, leading to innovation as customers’ evolving needs are understood and supported.
In the future, high-performance computing will help with many businesses uses, such as analyzing large volumes of customer data and monitoring application logs. In addition, SaaS may one day help address critical challenges for business, such as predicting which customers will churn or which cross-selling practices work best for your company.
With the need for high-volume data, software performance, and increasing backup daily, it’s easy to see why many businesses are choosing to outsource to cloud-based providers.