Important Reasons Why to Switch and Invest in SaaS Product and Apps

SaaS is the process of hosting applications over internet as a service. Without any complex hardware installation and management in user’s computer and minus the complex data center - user can directly access the application through internet.

Being in the industry for almost 9 years and building two highly ranked SaaS applications in the league of Project Management Tool (that is Orangescrum) and Customer Relationship Management (that is Wakeupsales), we have literally got into the depth of SaaS App Development, Deployment and Marketing activities to apply to make it a success. 

Now, what ‘Bob Warfield’ told is a clear truth and gave us a glimpse of the future. We go about it and completely agree to what he conveyed.

Market is competitive and business is getting intelligent every single day – in situations like this we need to think of a business model that can beat the market competition and keep you a step ahead from the crowd.

Ok!

So now the serious question – what should do! & how should I do it!

Accept SaaS and believe in it.

This is the future and the mix of your app idea with the adoption of a secured development environment makes it even more powerful. 

SaaS has massive opportunity to increase the efficiency, productivity and accessibility of business operations as compared to an on-premises inflated, distracting physical infrastructure.    

Global Stats & Forecasts

Global statistics shows that SaaS segment grown at 20.3% in 2016 to 37.7 billion.

IDC research teal tells that SaaS market is
poised to surpass $112.8 billion by 2019 and

According to Transparency Market Research (TMR), overall SaaS market will reach $164.29 billion by 2022.

Have a look at the global usage of SaaS technology by small and medium businesses,

(Source: KPMH Technology)

Take a look at the market share and revenue growth of SaaS in enterprises;

    

Now, you do that math’s, and imagine how fast the SaaS market is growing day-by-day!
From the above statistics, you might get a clear understanding the rise of SaaS platform is going to be even higher than what we see at present.  

Let me share some of the most important reasons, as to why you should stitch and invest in SaaS application development.

Here we go,

1. Setup Costs

SaaS application setup (in simple language on Cloud), the cost is comparatively a lot less than on-premise systems and some service provides are also providing it completely free.  

As it’s over the cloud, the user pays very less for the customization of the application as per your requirement and accesses it through his/her own internet connection.

The installation and setup also takes a lot less time.

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