One thing you need to know is that Software-as-a-Service (SaaS) is growing very fast. It has given many firms a cost advantage over on-premise software installation and use. This service differs from Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) in that you can consume the service directly as an end user. The term “end-user” in this case refers to your employees and customers who have access to the service. According to this website, what makes SaaS distinctive is its characteristics and client-specific benefits.
Accessed via a Browser on Demand
You access all the services you need in your business over the internet. The software is available globally over the internet through a top browser.
You can install the software per user. You pay for this service on a recurring basis.
Vendor-Monitored and Maintained
The vendor monitors and maintains all aspects of the software and the service. This is regardless of your area of operation and different components that make up the service you subscribed to. This makes it easier for you to have standard services spread across all your branches.
Due to reduced distribution, monitoring, and maintenance costs, you will end up spending less on installing SaaS as compared to having in-house hardware.
Previously, you had to call a vendor to come and install upgrades, updates, and latest patches for installed programs. SaaS applications feature automated service changes without the vendor being on site. This means rolling out of changes is much faster. This reduces the downtime that could otherwise reduce your business performance.
Multiple User Support
This system supports multiple users. Each user accesses the same version of the software regardless of the location. The service gives you a shared data model through a single-instance multi-tenancy model that allows hundreds of users to work on a task from the same software. This is suitable if you have an extensive workforce handling the same project for you.
Specific Benefits to you as a SaaS Client
SaaS provides benefits for both the client and the vendor. Here are some benefits that will allow your business to go to the next level when you subscribe as a client.
Eliminate the Upfront Fee
Traditional purchased software requires an upfront fee for installation. On the other hand, SaaS is installed in a subscription model. Here, you pay monthly, yearly, per seating or per the service you want from the vendor. This allows you to access only relevant services at any particular time. You also don’t pay upfront for eventual long-term needs.
Your business is constantly changing. This change can be up or down. It would therefore be inappropriate and detrimental to the business for instance if the business expands and the services are stagnant. It would be wasteful if the business cuts down on operations and services are same as before.
With this platform, it is easy to add or remove some components of the service to suit your business requirements at any particular time.