One of the most intriguing statistics we’ve ever witnessed is that since 2016, over 90% of the internet and its content have been created so far. That’s a tremendous amount of data general overall, thanks to modern business models and user-generated content. However, handling and transporting this data has been one of the biggest challenges to overcome.
Preeminently, two of the largest fluxes within this sector come from Software-as-a-Service or SaaS applications development and cloud technology, which seems to have leaped almost everywhere. Let’s look at Adobe for an instance. Traditionally, it emerged as a software application that you can download and use forever, but now they offer their features on a subscription service.
Strikingly similar happened with the ever-popular Microsoft Office suite. They are all subscription-based and functions with cloud technology. In this article, we will deep dive into these industries and gauge the implementation of SaaS with cloud technology and its advantages.
Also Read: IoT is Reshaping The Future Of Mobile App Development
A Brief History of SaaS
SaaS ventured into the digital landscape back in the early 1990s when company employees used to connect to in-house systems to access all of the company’s data and applications that were stored on a central server.
While photo sharing and bookmarking with Webmail were among the first apps for customers, businesses relished innovations such as customer relationship management, expense tracking, and recruitment.
Ever since it has been garnering immense popularity and today, there are tens of thousands of applications across the internet that offer an extensive range of solutions and opportunities devised to meet the user’s soaring expectations. According to a recent survey by Transparency Market Research (TMC), the overall SaaS market is expected to reach $164.29 billion by 2022.
Saas and Cloud Technology
In this era, businesses don’t need to buy code applications or hardware to access costly services but instead, they just pay a fraction of the total cost for access. Medium and large-scale organizations now have the potential to scale indefinitely, which is the primary reason why they are taking off all over the world.
For instance, let’s say you own a logistics business. You keep a ton of data of your transport networks, customers, vehicle information, and so on and all of this information needs to be available and accessible at all hours of the day to keep running your business smoothly and efficiently.
In the previous years, you would need to invest and set up your own servers to save your information and it was nearly impossible to send that data easily to the other parts of the world. This is why logistic services tended to function and operate within the local regions.
Cloud-based solutions then came along and made information available and accessible from across the globe. Since these agencies invest in dedicated hardware servers, you get access to the best tools and equipment in the world such as free updates, free security, and more while saving funds that you can put back in running your business.
Nowadays, with monthly subscription-based packages, there are more and more businesses trying to build their presence in the global market space than ever before. This means less monopoly, more competition, and more opportunities for users to select the entity that’s best suited for the job.
Here are a few advantages of Saas and cloud technology:
- Scalable service delivery infrastructure
- Faster data analysis and processing power
- Cost-effective and high ROI
- Access from anywhere in the world
- High-security levels
- Automatic and frequent updates
How the Integration of SaaS with Cloud Technology will Affect Modern Businesses?
The Software-as-a-Service or SaaS model is pace-walking briskly into the mainstream as more enterprise IT organizations are jumping on the bandwagon and making use of cloud services. Even the software agencies that used to sell generic software are swiftly embracing this cross-industry integration.
Simply put, if you are not leveraging the cloud technology with SaaS delivery models, you will not be able to share business processes or other industry information with other participants and vendors. Here are some reasons why the amalgamation of SaaS with the cloud is enabling businesses to reap the benefits of scope and scalability.
- For reimagining the nature of work and business workflows
- For offering financial insights into project management, supply chain, and more
- For managing the workforce
- For using marketing automation to track campaign performance results
- For using analytics to evaluate customer satisfaction
Closing Remarks
The omnipresence of SaaS and cloud technology has made them become mobile and enterprise. In the future, these innovations in tandem will be able to address critical issues such as finding out which cross-selling practices will enable your business to grow and making predictions about which consumers will churn.
While there are yet more platforms to launch and harness the combining power of cloud and SaaS, they will assist you in working with less hassle and having full control of your processes.
If you wish to develop, access, and power your enterprise mobile application development and SaaS development backed with cloud technology, feel free to get in touch with our experts.
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