Software as a Service or “SaaS” is a breakthrough software application model that gave the industry a new perspective in the consumption and delivery of software applications. In particular, SaaS is accessible through a fixed subscription and operates using a web browser.
SaaS has gained its popularity as a Web-based software model, offering benefits, which, as satisfied customers and vendors attest, outweigh the downsides.
Notably, the SaaS model is non-conventional, detaching customers from the validity requirements that come with software licensing. SaaS, also tagged as “the Phase 2 Model”, essentially takes the obligation off a customer in terms of implementing and managing the software.
Budget-restricted markets have found the pricing range of SaaS, as well as its packaging terms, simpler and more affordable, as opposed to most on-premises software products. As it works on a subscription arrangement, customers may opt to pay the fees annually, instead of a big chunk of payment that traditional software models require upon installation. This way, the SaaS model minimizes instant or upfront costs, which are otherwise obtained in traditional applications. Moreover, return on investment in SaaS can be expected at a much earlier phase as compared with the conventional models.
Essentially, Saas may be purchased from a third party through direct downloading from the Internet, thereby resulting to savings that relate to software updates, hardware, support personnel and administration. Users also attest that with SaaS, the ROA or return on assets is much better, as it affects cost savings result from optimized sourcing strategies.
The conventional manner of phased deployment may take several months to complete, while SaaS takes only minutes to deploy. Moreover, SaaS is globally supported by most technologies, such as functionalities that are readily available over the Internet. In addition, SaaS is characterized by the elimination of client-server software installation or maintenance, which is usually contained in a guideline module of over a hundred pages.
SaaS shuns the deployment phase that most types of software necessitate. SaaS also leverages software assets at a much faster pace, effecting higher agility that conventional software and models in in-house set-ups hinder through regulatory compliance.
Some SaaS enthusiasts also find that by using the SaaS application they are in for minuscule yet constant upgrades, as compared with conventional software models which require several huge patches that often entail big investments and a considerable length of time for completion. Users who encounter bugs with the SaaS model may report through the SLA or Service Level Agreement, under which fixes or roll-outs of patches are immediately completed.
It has also been noted that as an added benefit, SaaS vendors are able to innovate themselves at a faster time, without having to acquire development or research resources. Instead, SaaS vendors are able to focus on introducing fresher versions.
For these reasons, SaaS has arguably been the most chosen software model that companies or organizations prefer to build. Because of the cost savings that SaaS application offers, it has created the most hype among small and medium-sized companies. These organizations find convenience in the fact that SaaS applications do not require application research, development, maintenance and hosting.
Amid these software innovations and customers' changing needs, ThinkLogic LLC, offers all that you company needs to deliver, in the most efficient way, a highly competitive SaaS product -- on more affordable pricing terms and shorter turnaround time of in-house completion.
To ensure that your software is profitable, ThinkLogic considers certain factors at play. With SaaS, your software application will be used by various tenants, and by several users under each tenant. ThinkLogic also submits that SaaS necessitates careful planning in order to satisfy the software's Service Level Agreements.
In addition, Data security should be afforded with prime importance in SaaS. Key encryptions must be used for effective data protection. It is also important to note that the software's accommodation of certain multi-tenant architecture guarantees complete uptime to customers.
With an extensive experience in software development, ThinkLogic has engineered, built and hosted the SaaS software model, among other types of software application. Moreover, ThinkLogic has partnered with the SaaS On-Ramp Program under Microsoft, ultimately allowing us to launch SaaS on your end at more affordable costs.