If you’re researching any new software tools to help your organization, chances are it is a Software as a Service, a SaaS platform, or application. SaaS is a software licensing and delivery model allowing businesses to “subscribe” to a software license. In a SaaS scenario, software is hosted in a central location in the cloud instead of on-premises (on a server at the company’s location).
According to the 2017 State of the SaaS-Powered Workplace Report, companies use an average of 16 SaaS applications a day. This is a 33% increase from last year. As a result, SaaS is transforming the way we work.
Cloud-based deployments are gaining popularity because they allow organizations to focus more on business priorities and less on infrastructure and application delivery. As a result, 38% of companies are currently running almost entirely on SaaS. There are many more benefits to adopting a SaaS-based platform or application. Here’s a few:
Is your business growing? If you’re anticipating growth or even some downsizing, you don’t have to worry about how this will affect your servers or your IT department. Your subscription can grow or shrink depending on usage.
2.) Easier Integration
Usually, a SaaS platform or application can support some amount of customization geared toward your unique business and user needs. SaaS vendors usually create APIs to connect to other internal applications like Enterprise Resource Planning (ERP) systems or Customer Relationship Management (CRM) systems and even other SaaS providers.
Once the application is configured, users have access whenever they’re online. Since there aren’t any hardware upgrades, there’s no time wasted in set-up. Since your IT department isn’t responsible for updates or fixes to the application, they have time to focus on furthering your organization’s technological strategy.
4.) Higher Adoption Rate
Since you can access a SaaS platform or application via the internet, you can connect through your favorite browser. Also, since these applications tend to be simple to use, employees don’t need to take time off to learn the software. These advantages mean a much higher user adoption rate.
A SaaS platform or application allows you to “pay as you go”. Your organization’s initial setup costs are a fraction of what they could be compared to an on-premises environment. This helps you optimize resources and gives you a better idea of future costs for budgeting.
If you’re interested in comparing the cost of ownership of using SaaS versus on-premises, Microsoft has a calculator to better understand how a move to the cloud could financially affect your company.
6.) As for Security?
Some industries might still struggle with the idea of using SaaS instead of software that’s on-premises due to security and privacy concerns, but SaaS has evolved in those arenas.
For example, Forrester’s Software as a Service in Banking report stated, “Concerns regarding the security, privacy and risk of SaaS deployments for financial services should be a thing of the past. The new, state-of-the-art SaaS solutions are just as capable of protecting customer information, corporate intellectual property and other business secrets as traditional hosted solutions.”
In Europe, where privacy standards are extremely high, SaaS applications are becoming more and more in-demand.
According to a Bitkom study, the proportion of German cloud users rose from 54% to 65% last year. Additionally, 57% of the managers who were surveyed expressed a belief that their company’s data was “very secure” or “more secure” in the cloud.
Vendors offering a SaaS platform or application usually have a higher level of security than the company. Since the data is automatically backed up by the vendor, this option provides organizations with additional security and some disaster recovery coverage.
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