Bitware.Tech EU
12/06/2017
What is SaaS?
SaaS is defined as Software as a Service; offering and spending software through the internet. Customers pay for the software in a subscription to use
Customer advantage: maintenance, service, and support for the software to be fully outsourced.
Supplier advantage: subscriptions generates continues revenue
All major companies use SaaS applications: Oracle, Microsoft, SAP and Google search options. As well as, new entrepreneurs in the market.
Particularly, usage of SaaS for ERP is in infancy. Communications and digital marketing are great content for SaaS: e-mail, search and chat, video content, and content management.
SaaS is inevitably growing in the market. SaaS platforms are highly increasing in small and medium businesses.
SaaS spending is continuing to grow at 4.5 times the rate of IT spending, and it is predicted to grow 6 times from 2015 through 2020.
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