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Software as a Service (SaaS) is an ingenious software delivery method where applications are remotely hosted by a service provider or vendor, and are made accessible to clients over a shared network. In a nutshell, SaaS allows users to rent a costly piece of software instead of purchasing it. Businesses no longer have to buy, install, update, and maintain software and hardware, freeing them from the intricate hardware and software management.
Although the advent of SaaS has plummeted down software license purchase, SaaS has innumerable benefits for the business environment. With the soaring popularity of cloud computing services, most software providers are incorporating SaaS in their business models, leading to massive gains.
Here are four great benefits of SaaS:
Time is money, as people put it, and SaaS works to save both! For most SaaS applications, acquisition and installation is as simple as having an internet connection and logging in with the required details. In addition, SaaS has shifted maintenance responsibilities from the IT department to the service provider itself. This alleviates unnecessary work hours depleted due to downtime, that couldn’t have been avoided due to the need to constantly keep conventional software updated. Additionally, SaaS applications generally have a smaller learning curve, which translates to effortless adoption across your employees.
SaaS can lead to greater savings for myriad reasons. Firstly, it alleviates the upfront expenditure of installation and purchase, in addition to ongoing costs like upgrades and maintenance. SaaS applications can be effortlessly maintained and downloaded, instead of splurging a fortune on hardware installations. In addition, these Pay-as-you-go models only entail clients to pay only for what they are using, and save hefty expenses of licensing. SaaS is especially a blessing for small to medium sized businesses since it offers access to high powered, hard to obtain, and expensive software that might otherwise have been impossible to obtain through conventional purchasing methodology. Plus, the subscription based method eradicates the high financial risk of costly software.
3) Accessibility and Scalability
The pay-as-you-go model is a great feature since it offers amazing options and flexibility. Since a vendor hosts the software externally, your usage plan can be changed easily and without advance notice. In addition, web based use encourages clients to gain access to the software from any location with only an internet connection needed.
When using the traditional software installation method, updates deplete a large amount of money and time. Version discrepancies amongst your workforce leads to wasted time and compatibility issues.
When software as a service is used properly, it has a lot to offer. It can help your company save human resources, time, and money. By cutting down the software incompatibility and maintenance problems, SaaS can provide greater productivity and streamlined focus.