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The Usecases Of SaaS Technology

 On the matter of SaaS Technology, Think about that one time you wanted to save a file to your device.

But wait, your device’s storage is full. Then you have to search for an alternative like Google Drive to save the file.

This is a simple instance of Saas Technology at work. Saas coined from the term “Software as a service” is a type of cloud computing technology that provides users with access to a software application over the internet.

Then the saas company manages and updates the software based on the user’s needs.

 This technology has been around for several decades, but it has become more popular in recent years as more and more businesses have started using it as a way to deliver software to their customers.

So, you are just getting graphics design and all you have to do is type “Canva.com” in your browser and you will get the experience of a full-fledged graphics design software, But this time it is over the internet and can be accessed by a subscription

What is SaaS Technology?

An image showing the various elements of Saas
Image from freepik

To understand the full scope of Saas we will have to dabble into what cloud computing is.

Cloud computing is a general term for anything that involves delivering hosted services over the internet. Their services are divided into three main categories or types of cloud computing: infrastructure as a service (Iaas), platform as a service (Paas), and software as a service (Saas).

The earliest examples of SaaS can be traced back to the 1960s when computer users began accessing software applications over the internet using remote terminal connections.

However, it wasn’t until the 1990s, with the widespread adoption of the internet and the development of web-based technologies, that SaaS really began to take off.

In the early 2000s, SaaS started to gain more mainstream acceptance as a viable alternative to traditional software installations.

Companies like Salesforce and NetSuite pioneered the revolution as they began offering their services as SaaS-based applications, and this helped to increase the popularity of the technology

According to fortune business insights, The market is expected to grow to $716.52 billion by 2028. Also, compared to last year businesses spent more than 20% on cloud technologies and they are becoming more reliant on Saas companies.

SaaS Technology and Its Usecases 

Image by Freepik

There are various use cases for SaaS technology. Some of the most common include

  • Customer relationship management (CRM) software: SaaS CRM applications are used by businesses to manage customer interactions and data, including contact information, sales and marketing efforts, and customer service. An example of sales and marketing SaaS is Hubspot and Mailchimp.
  • Enterprise resource planning (ERP) software: SaaS ERP applications are used by businesses to manage and integrate various business functions, including accounting, supply chain management, and human resources. For Example Microsoft Dynamic 365 and Oracle ERP Cloud.
  • Project management software: SaaS project management applications are used by businesses to plan, organize, and track the progress of projects. These applications can help teams to stay on track and meet deadlines. For example Asana.
  • Collaboration and productivity tools: SaaS collaboration and productivity tools, such as office suites and messaging apps, are used by businesses to facilitate communication and collaboration among team members. An example is Slack.
  • eCommerce platforms: SaaS eCommerce platforms like Shopify are used by businesses to create and manage online stores, including the ability to process payments, manage orders, and track inventory.
  • Data analytics and business intelligence (BI) tools: SaaS data analytics and BI tools are used by businesses to collect, analyze, and report on data in order to make better business decisions. An example is google data studio.

These are just a few examples of the many different ways that businesses can use SaaS technology. 

Overall, SaaS-based technology is a versatile and flexible technology that has come to usurp the need for complex software and hardware management and has made these services available online to users to support a wide range of their business needs.

John Adebayo
John Adebayo
https://www.johnadebayo.com

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