Moving to a hosted cloud environment from on-premise cloud environment is the primary decision that organizations make regarding digital transformation. This makes SaaS relevant. But why?
The SaaS market is rising to $232 billion this year, attributed to a number of factors such as the rise of a mobile-driven world and increased adoption of cloud, and the emergence of AI and machine learning.
Implementing SaaS will benefit your business by creating a world of applications that make it relevant in the market. Let’s learn about its benefits for a better understanding.
Installation Cost Reduced
You do not need dedicated physical equipment to get started with SaaS. All you need is a subscription, which you can choose as per your need, and you can avail yourself of the software features and services. It can reduce installation costs, unlike conventional systems. Likewise, businesses can avoid costly upfront expenses, making it a cost-effective solution with premium features to operate a business.
Rapid Deployment
A SaaS solution is very easy to deploy. Business owners just require a browser and online access to access the software tools. Unlike conventional software, which takes weeks to implement, SaaS solutions will take only a few minutes to install after you have purchased an enterprise subscription.
Growing Scalability and Flexibility
Since it works on a subscription-based model, it offers on-demand scalability of resources, which is perfect for a growing business. The pricing models are flexible; you can scale up when demand increases and make it down when the demand decreases. Plus, the SaaS solution can be accessed from anywhere, allowing flexible work-from-home opportunities for your employees. The data and system can be logged in at their comfort, which makes their life easy.
Flawless Updates and Maintenance
Your SaaS vendor is responsible for providing you with the latest application upgrades along with regular maintenance to address usage bottlenecks. It helps business owners eradicate the need to install or download patches to maintain the software. This will reduce the complexities of IT teams as the vendor will automatically manage everything.
Assured Level of Service
Even with long-established software solutions, there is no assurance of how the software will work. However, SaaS will provide assurance in terms of service. Most providers will provide a guaranteed uptime of 99.99% with top performance. Also, they will provide 24×7 customer support, which shows their willingness to serve customers better.
Enable Backups and Data Recovery
Conventional software involves painstaking data recovery and management, which can even involve a pricey mechanism. With SaaS, there are automated backups without any user interference, which eliminates this painstaking activity and ensures the uprightness of the data.