Cloud technology is nothing new; from posting a photo on social media to accessing email via smartphone, most of us use it every day without even realizing. It is also transforming the way we do business, with more and more companies choosing to adopt a cloud-based infrastructure over more traditional models. In particular, Software as a Service (SaaS) has a crucial role to play – with spending on SaaS alone predicted to reach $55 billion by 2026.
Cloud technology is on the rise, and understanding and exploiting it could prove crucial to future success. So, it’s time to get to grips with Software as a Service and find out what it can do for your business.
What is Software as a Service and Why Use it?
Generally speaking, cloud computing is anything that is hosted remotely and delivered via the internet – like storing files in Dropbox, for example. Software as a Service – or SaaS – is a specific branch of cloud computing which delivers software solutions for business.
Unlike traditional software applications, SaaS relies on a web-based model, taking everything offsite. This comes with many advantages for businesses, one being financial; SaaS eliminates the need to buy and house extensive hardware.
What’s more, SaaS tends to work on a subscription basis, giving businesses the option to spread the cost over time whilst also allowing for more flexibility in terms of only paying for what you actually use.
Of course, the benefits of SaaS extend well beyond money. Using cloud-based software for your business means access to all your most crucial applications anytime, anywhere – from any device with an internet connection.
In an age where remote working is becoming increasingly common, this kind of flexibility is more important than ever. Even in a traditional office set-up, cloud-based software can significantly streamline business operations, allowing for smoother collaboration between colleagues whilst saving time and resources.
SaaS can also take the pressure off your IT department in terms of maintenance and management. In addition to hosting, the software provider generally takes care of all necessary updates and security measures, giving business owners one less thing to think about.
In all, cloud-based software solutions offer greater flexibility, increased efficiency and noticeable savings in terms of time and money – and the good news is that almost all businesses can benefit.
Making Cloud-Based Software Work for your Business
Having identified the benefits of cloud-based software, the next step is to find the right SaaS for your particular business. One of the biggest advantages of Software as a Service is that it is extremely versatile in terms of what it can be used for.
There is a cloud-based solution for virtually any type of business function – be it marketing, human resources or CRM – so the benefits of SaaS can be applied to almost all industries and business types. However, this certainly doesn’t mean that one size fits all, and this is something that more and more SaaS providers are recognizing.
Companies like Talentsoft, for example, focus on providing SaaS solutions that are fully scalable; by custom-building a deployment strategy depending on the size, complexity and specific processes of each individual client, they are able to provide cloud-based talent management solutions to both large corporations and local SMEs alike. This means that companies operating in an extremely specialist niche stand to benefit from SaaS just as much as huge multinational organizations – the key is to find a software solution that can be tailored to fit your individual requirements.
So how to go about incorporating the cloud into your business? First of all, adopting a cloud-based infrastructure. A good starting point is to identify and prioritize the areas of your business that stand to benefit most: perhaps the hiring process needs to be streamlined, or you need a more effective way of managing your customer database.
When establishing your priority areas, factor in elements such as cost, time and efficiency. Once you’ve identified your company’s requirements, you can start to implement cloud-based processes that integrate seamlessly into your current business model.
SaaS solutions can also be scaled up and down over time, ensuring your internal infrastructure evolves as your business grows. As more and more companies realize the power of the Cloud, incorporating SaaS into your business model will enable you to ensure a competitive edge for long-term success.