The advent of high speed internet and impressive enhancement in cybersecurity measures enabled organizations to acquire Software-as-a-Service (SaaS) model. This cloud-based model allows companies to acquire a wide range of software services via web. Such software systems are located on a remote server instead of on-site local computers.
A third party provides services including, but not limited to database management systems, communication systems, project management systems, CRM, ERP, and information systems. These service providers are responsible for maintenance and updates of systems. Customers can procure software for a time period-based subscriptions.
SaaS does not only reduce the costs significantly but also enables companies to optimize their resource utilization. Cost reduction follows from the fact that organizations acquire software for only a limited time period – as long as they require it. Besides, they can choose to procure only a part of software system which fulfills their business requirement.
However, resource optimization is the most remarkable advantage of incorporating SaaS. Companies do not need to care about developing, testing, deploying, and maintaining software systems. Instead, the service provider is responsible for performing these tasks. Hence, non-technical workforce is also able to use complicated software applications without worrying about the complexities.
SaaS: Related Services and Solutions
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