SaaS is an acronym for Software as a Service. It is a software distribution model, which is owned, managed and delivered by a third-party provider, and hosts applications made available to customers through the Internet. The provider delivers software based on a set of common code used by all binding customers on a pay-for-use or subscription basis. SaaS is gaining popularity because of it many advantages over traditional model.
SaaS comes directly from Cloud Computing. It has a lot of merits as far as costs are concerned and can be conveniently used no matter which part of the world you are in. Some of the companies that are providing Saas are Meghaware, Abiquo, Akamai, Accelops, and FinancialForce. There are several long-term benefits of SaaS which make it more desirable.
The top 7 advantages are mentioned below:
The software is pre-designed and generally comes with a monthly subscription. Hence, there are no heavy expenses on your part. The software costs are considerably lower and so are the maintenance fees. If you decide to custom-built the software, then cost will be lot higher.
You can customize the software as per your requirements so that you are comfortable using it. This can be done in a jiffy as the basic structure is in place, which makes customizations easy.
The software is provided to the customer as a service with no error. Most of the bugs are already resolved prior to selling the software. There will be no code issues, and even if there are any, then they can be resolved quickly. SaaS promises to deliver fulltime support and service if there is any problem. The providers will take care of troubleshooting and ensure that you enjoy a hassle free work.
No Server costs
SaaS cuts down your infrastructure costs to the least by using cloud computing. The software is located in the cloud, and you do not require an expensive, dedicated server at your office. All you need is a keyboard, a display panel, a mouse, and the host network and you are ready to roll.
Reasonable upfront costs
The upfront costs are all related to your subscription fee and there are no other expensive costs involved. You can simply subscribe to the software that you need and start working with no worries.
The provider will give you revamped and latest version of the software and upgrade the patches. You need not have to worry about any software maintenance; neither there will be any data loss. SaaS ensures that your data remain secured and suppresses any unauthorized modification. Also, you can retrieve the data whenever you want.
The biggest advantage of this model is that there is no pay off or pay back. You can continue to use the service as long as you like. If you decide not to continue the service, you can cancel it at end of the month.