Software as a Service – The Popular Choice


SaaS provides convenient and secure access to technologies via the internet. This is becoming an increasingly more popular service for businesses because it provides cost-efficient, highly adaptable and accessible software. SaaS is changing the way we operate businesses and distribute software. Game-changing software services offer more benefits than any traditionally acquired solutions. It is becoming clear to many industries that these are low cost and low maintenance solutions on demand that businesses of different variations and sizes can use with minimal investment.

  • 3-way Cost Efficiency: There are no up-front costs; instead SaaS distribution models operate on a subscription basis. No need to invest in IT infrastructures to accommodate the new solution. Software service providers maintain IT infrastructures as well as the people needed to operate the software on the provider’s end. SaaS operates via subscription, no special IT infrastructure, and additional manpower brings more savings to clients than traditionally acquired solutions.
  • Low Maintenance Required: Upgrading a solution and updating existing SaaS is done via the cloud and is usually the responsibility of service providers. There’s no need to download and install updates and upgrades. Service providers also maintain the availability of software, making it easier for clients to adjust as their user base expands or contracts and eliminates the need to invest in additional hardware or software.
  • Flexibility: Smoother integration as SaaS providers’ multi-client architectures can scale up and down on demand by clients. They also provide customized solutions to meet the specific needs of customers. Many providers also offer an Application Program Interface to let customers’ incorporate the solutions with pre-existing Enterprise Resource Planning or other productivity systems.
  • Accessibility: SaaS solutions’ availability is versatile, from computers to other devices such as notepads and smartphones. These are accessible anywhere and at any time. People’s familiarity with the Internet makes solutions easier to find and adapt to the software interface.
  • Scalability: SaaS providers can support multiple clients with only one version of their services with a multi-tenant architecture that allows for businesses to grow without the need to add or replace their existing IT infrastructure and hardware.

Upscaling and downscaling the scope of services is also easy and efficient. Clients only pay for the services used so this saves both money and time. In the long run, the IT budget is kept consistent and lower than on-premise software. SaaS simplifies operations at less investment and cost.

Software as a Service – The Innovation

 

Data Pioneers

Through the year 2020, cloud-based big data technology spending will grow 4.5x faster than on-premise solution spending, according to IDC. Because the growth of data we are seeing in size, accessibility and application, the storage, management and analysis of big data are important now more than ever before.  The proliferation of cloud services has addressed these areas to optimize the ability for businesses to gain insight about their company’s data and performance. Cloud and software services are changing the way businesses work by moving towards the automation of tasks that save hours of time and yield greater productivity. The development of software advancements and technologies is far from stagnant, allowing for innovation to

Keys to SaaS Innovation

The Need for Speed

Network administrators find a balance between corporate mandates for speed and agility with security, eliminating total cost of ownership (TCO), and 24/7 uptime. Although this proved difficult in years past, the emerging technologies in Wireless WAN (WWAN) offer simplified network management and balance between the three. According to IBM, whether your goal is  “mobilizing your employees, embedding intelligence into your products, or connecting your ecosystem of suppliers to real-time information, the ability to design and release ideas with speed is critical.”

Customization

Customization starts with the same question, “What is the need of the customer?” Every application is different, and so is every business.  Multi-faceted businesses span a variety of environments and can operate through multiple cloud services via one management system.

Cloud Optimization

The question about Big Data is no longer, “How do we obtain more data?” but rather, “What can we do with it?” In our fast-paced culture where trends rise and fall in days, access to information can allow managers and associates to be in-the-know about the performance of their business and employees (i.e. sales tracking). Corporate offices can examine data in real-time and make changes as needed to fuel success.

Platform as a Service

With applications at the forefront of innovation, many organizations are using Platform as a Service (PaaS) to create and deploy these applications quickly. This removes focus from infrastructure and ensures high availability and scalability when it comes to data processing. PaaS requires no infrastructure or software management, no patching or troubleshooting and time-to-value and autoscaling are instantaneous. This allows companies to have the realization that expertise in deployment and management of hardware and software infrastructure isn’t essential to running their businesses smoothly.

Challenges to Innovation

Since SaaS is relatively new, a major challenge for business and tech companies is working to a standard but also working quickly and with agility. IBM describes the balanced SaaS environment as hard to achieve because in “today’s hyper-fast and highly competitive environment does not wait for innovation, or tolerate less than expected user experiences..” -IBM

Developing new models for operation and governance are proven challenges to innovation too as integration with old technologies to cloud-based technologies occurs. There are financial challenges involved too as increasing the scale of business operations can decrease costs, but it could also lead to diseconomies of scale. (Read more: What Are Economies Of Scale?)

Read about other challenges here.

Software as a Service – The Big Picture

 

What is SaaS?

Performing day-to-day tasks in a growing business involves constant interaction with data and information. Old school integration involved large financial investments in software applications, a local server with multiple computers crowding the office space, wasted hours on installation and updates found on floppy disks, among other outdated tools that businesses no longer need.

Leading companies today have set the standard for a new means of data interaction. Thanks to Cloud applications (Google Apps, Salesforce, Slack, DocuSign, Dropbox, etc), the same storage, processing and access to software can occur almost instantly on servers located across the globe. The same data can be accessed instantly online via a simple connection to a software using nothing more than a web browser.  This is Software as a Service (SaaS), and it allows companies to enhance their business initiatives.

Why is SaaS the better model?

For some companies, Keeping Up with the “techie” Joneses is enough to make the jump to a cloud-based software application. For example, 78% of businesses currently consider a purchase of cloud-based solutions in the few years. For others, change in software and how the company works within it can be very daunting. Here are the key benefits to SaaS, and how it is changing the way companies do business.

  1. Accessibility – SaaS is designed to be available and approachable for those who use it. A company with offices in multiple timezones need a software that can be accessed in real time with live updates to initiate faster communication and interaction and ultimately improve decision making and collaboration between team members with ease.
  2. Scalability – When your company grows, your software can too. When your needs change, let the IT department make changes to accommodate them. New investments and additional software are not always the answer.
  3. Time to benefit – Instant deployment of software updates, downloaded online can cut the time formerly used on software downloaded via a local server. This significantly reduces time spent in installation and configuration and can reduce the impacts of an internal CRM Quick fixes, installations and resets will help your business run smoothly. Customers will benefit from better reaction time to IT issues. Faster time to market will enhance the experience and create customer loyalty.
  4. Reducing Data Center Costs – Companies with on-premise systems with infrastructure installation, maintenance costs and hardware and software upgrades that make the jump to SaaS platforms in their business can reduce their IT spending by 15 percent, according to data collected by Computer World.

The Flexible Solution

If business and market agility are goals for your company or organization, the adaptability, flexibility and balance are keys to that success. A study by IBM indicates that the implementation of cloud computing can provide significant competitive differentiation for companies. Between development and operations, the deployment of SaaS can benefit your accounting, invoicing, sales tracking, planning, performance monitoring, communications (including webmail and messaging), applications, content sharing, and even your customer relations management (CRM). With customizable subscription lengths, IT budget cuts and the potential to declutter your closet turned data center, the ease of Software as a Service is the business solution you have been searching for.