SaaS: What It Is, Why It Matters, and How to Capitalize on Its Growth

Geoffrey Lee

Software as a service (SaaS) is a growing segment of tech that has proven increasingly lucrative in recent years. In 2015, just 77 million SaaS solutions had been installed; by 2021, that number is expected to rise to 380 million.

This being the case, it’s clear that SaaS isn’t going away, so it’s important that you understand how exactly software as a service works, and the impact that it could have on your business.

What Is SaaS?

Basically, SaaS is simply a type of delivery method that allows users to access programs from any d

evice with an internet connection. This method is an obvious foil to on-premise solutions which are largely becoming outdated in scope. Modern users increasingly expect their data to be available across all of their devices, which simply isn’t possible with desktop applications.

You can see where we first outlined some examples of SaaS several years ago—many of these services are still relevant today, such as Microsoft Office 365, G Suite, and Amazon Web Services.

Why Does SaaS Matter?

Nearly ¾ of all enterprises are projected to run exclusively on SaaS by the end of 2020. As remote workforces become more common and companies are looking for ways to streamline operations and efficiency, it’s not hard to see why SaaS has exploded in popularity.

Because much of SaaS is cloud-based, it allows for more collaboration and communication throughout different parts of the workflow. In comparison, on-premise software simply feels clunky and unintuitive.

How to Capitalize on The Growth of SaaS

Technology has made life simpler in almost every way, but there are still means of mitigating pain points if you know how to take a creative approach. At PulaTech, we offer SaaS development assistance as part of our software consulting services because we believe that there are excellent web-based alternatives to the traditional hassles of desktop solutions.

If you want to jump into the world of SaaS but you’re not quite sure how, try to think about a problem in your industry that is nearly universal. Is there already an application that aims to solve that problem? Is that application as efficient as possible, and is it accessible from anywhere? If the answer to any of those questions is “no,” then there may be an opportunity for you to create a valuable SaaS solution.

The single shared quality among all successful SaaS is the fact that they bring users high-value solutions without requiring virtually any effort to set up. This means that you want to lower that barrier for entry as much as possible while heightening results at the same time.

The PulaTech team understands what it takes to produce SaaS that stands out from the crowd. Now is the perfect moment to jump on this trend and design valuable solutions that earn you credibility and profit at the same time; for help on your endeavor, PulaTech is here to provide our software consulting services.  Give us a call at 612-444-3185 or contact our CEO, Geoffrey Lee.


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