Software as a Service (SaaS) has come a long way from being just an iota to a budding industry. With rising market trends for SaaS, large numbers of companies are switching from the customary on-premise software to SaaS based applications. Though it’s an early start for SaaS, it has still managed to leave an enduring impression and has played a major role in the success of most small and medium sized businesses (SMBs).
In contrast to traditional business applications and technologies, SaaS framework proves to have an upper hand. Choosing a SaaS platform is equivalent to affordability, global accessibility, easy implementation, web based interface, trouble-free customization, reduced maintenance costs, higher user adoption rates, no call for additional updates or purchases, easy integration with existing systems, and so on. Thus SaaS platform remains an affordable means of accessing the most innovative business technologies for small and medium businesses.
It is quite well received that no company, be it the giants or SMB’s, cannot grow without clearly defined processes and hence business applications are the lifeline of any well run industry. Small businesses, as you would expect, are working with smaller budgets, especially in their human resources departments. SaaS enables a small human resources team to function like a full-fledged human resources department, while saving the disbursement of funding an out-and-out department. For small and medium sized businesses where lesser application users is the norm, SaaS offers a remarkable prospect; since they get the most refined system for lowest expenses. Also, when using SaaS frameworkthere’s little wait time. The software is quickly serviceable after minor and easy installation, unlike the major installation required by other options.
Small and medium sized businesses find it easier to opt for cloud in contrast to large organizations as they already have less existing infrastructure, less bureaucracy, more flexibility, and smaller capital budgets for purchasing in-house technology. Consequently, it can be very well predicted about business applications that most of the future growth will come from SMB market. The most promising SaaS applicationsfor SMBs include:
The above mentioned applications were once an asset only for large scale organizations, but with SaaS on hand, SMBs too can advance as major players and contribute as the main drivers of the fastest growth course surrounding cloud technology.
LTS is Outsourced Software Product Development Company with innovation centers in LA, Chicago and India. The Company expertise covers BI, SaaS based applications, Cloud Computing, Migration, Integration, Cross Platform, Testing, Mobility, Big Data, Product Development, SharePoint, SaaS Tenant and IoT Integrations.