The need for custom software has grown exponentially in recent years. No matter how similar some businesses may be, their processes and needs are always unique. Developing a custom Software as a Service (SaaS) solution enables businesses to gain access to applications over the Internet and eliminates the need for costly and complex software and hardware management.
Small and large businesses alike can benefit from developing a custom SaaS solution. The right solution is designed to strategically fit the needs of the company and can be easily adapted to the organization’s future needs. When organizations have access to custom software that meets their needs, they can save time and place greater focus on their core business activities.
What Is Software as a Service (SaaS)?
SaaS is one of the most popular types of cloud computing. This software distribution model entails the use of a service provider that hosts applications for customers and makes these applications available over the internet. SaaS is just one of three major categories of cloud services, along with platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS).
Software-as-a-service acts as a complete software solution that an organization can purchase on a pay-as-you-go basis. After renting the use of an application, an organization’s users can connect to it via a web browser. All infrastructure, app software, middleware and app data are located in a data center which is managed by the service provider. SaaS allows businesses to get up and running quickly at a low upfront cost.
Benefits Of Acquiring Custom SaaS Development Services
Moving a business to the cloud can have countless benefits. Here is a look at the top advantages that organizations can enjoy when they develop a custom SaaS solution.
1. Reduction Of Upfront Costs
Developing a custom SaaS solution can lead to significant savings for businesses. Software-as-a-service eliminates the upfront costs associated with the purchase and installation of traditional software. In addition, businesses can save on ongoing costs such as upgrades and maintenance.
Businesses can also save in other ways; instead of spending substantial sums on hardware resources, SaaS is both downloadable and virtually maintenance-free. The pay-as-you-go model of SaaS ensures that businesses only spend money on the software services they actually use and not on licensing for unused applications.
2. Ability To Scale Over Time
Developing a custom SaaS software solution also leads to effortless scalability. Businesses typically grow over time and may require new software licenses, server space or may need to add new users. With SaaS, making these changes is as simple as upgrading the existing plan or subscription for the application.
SaaS gives businesses the flexibility to scale their software up or down based on their unique needs. Organizations can also change their usage plan with their vendor without giving any advance notice.
3. Minimize Downtime
In addition to saving money, businesses that develop a custom SaaS solution can also enjoy time savings. The installation and maintenance responsibilities associated with traditional software can be complex and highly time-consuming.
When an organization chooses to switch to a SaaS vendor, they can enjoy quick access to applications via an internet connection and log-in. No installation is required and all maintenance responsibilities fall to the vendor, eliminating costly periods of downtime.
4. Back-Up & Data Recovery
Fires, floods, earthquakes and other disasters can wreak havoc on a business property. Each minute that a business does not have access to the applications they need to run their organization, the more money they lose. In fact, research by Gartner estimates the average cost of IT downtime to be $5,600 per minute or an average of $300,000 per hour.
With SaaS, a business’s IT infrastructure and data are safely installed and stored in cloud storage in a remote location. This means that even if a business is damaged or destroyed, operations can get back up and running quickly from another location using cloud technology.
5. Increased Level Of Security
Another major advantage of developing a custom SaaS solution are the advanced security measures. SaaS solutions have come a long way in recent years and are now known to offer organizations an incredibly safe platform where they can confidently store valuable business data.
SaaS is considered to be even more secure than traditional data storage methods. With custom SaaS solutions, platforms, servers, applications and data are proactively protected and managed by data security specialists. Outsourcing to a cloud provider that is an expert in IT security can give businesses peace of mind that their data is safe.
Speak With A Custom SaaS Development Company
The use of web-based software to perform daily business functions is a rapidly growing trend. Software-as-a-service has proven to be highly beneficial for many small and large businesses across all industries.
To learn more about the advantages of developing a custom SaaS solution or to speak with an experienced custom software development company, call 301.756.5527 or schedule a consultation online with our software professionals at Orases today.