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Benefits of Software As a Service
Software as a service, which is also known as SaaS, is generally considered being software applications which are hosted by a vendor on the Internet which could be shared by different users under on-demand terms. In some cases the package could also be downloaded by users which would run till the end of the term period.
As an underlying technology, SaaS is growing to be one of the most prevalent delivery models which support Web services and service-oriented architecture (SOA). With the growth of broadband services, SaaS is being made available to more users around the world.
AI Adoption
Autonomous IT management
Machine Learning
IoT
Virtual Reality, Augmented Reality
Blockchain
You also save money because the SaaS service automatically scales up and down according to the level of usage.
You don’t need to worry about developing apps to run on different types of computers and devices because the service provider has already done so.
With data stored in the cloud, users can access their information from any Internet-connected computer or mobile device. And when app data is stored in the cloud.
No infrastructure costs
The first and foremost advantage of this model is someone hosting your software and you are saving on the upfront license and ongoing maintenance fees to run it on your own infrastructure.
No Human capital
Less human resources are needed to maintain the software running and thus saving costs. This also helps SaaS companies as they need to use fewer resources for large number of customers.
No maintenance
It is the responsibility of the vendor or service provider to keep the software and servers running it up-to-date with patches and thus provide maximum uptime and fewer overheads for the customers.
Low cost of implementation
Companies offering this kind of service as revenues are predictable and more sustained for long term thus helping them in better forecasting, planning and positioning themselves in the market
Security
There are some apprehensions among customers in terms of security for their data and systems, particularly if there business-critical applications are hosted and maintained by external companies.