Ketki Prabhat | What is SaaS | Some Benefits of SaaS

What is SaaS? 

Using the software as a service (SaaS) model, a cloud provider hosts programs and makes them accessible to customers online. According to Ketki Prabhat, in this paradigm, a self-employed software seller may choose a different cloud service provider to host the application. Or the cloud provider may double as the software vendor for major organizations like Microsoft.

SaaS, with infrastructure as a service and platform as a service, is one of the three basic types of cloud computing (PaaS). Applications offered as a service are used by a variety of IT specialists, commercial users, and private users. From consumer electronics like Netflix to cutting-edge IT tools, a wide selection of products is available. SaaS products usually target both B2B and B2C users, in contrast to IaaS and PaaS.

Some Benefits of SaaS

• Modular payments. Customers subscribe to a SaaS solution, says Ketki Prabhat, rather than buying software to install or extra gear to support it. Many firms can practice better and more reliable budgeting by converting costs to recurrent operating expenses. SaaS users can also quit using the service at any moment to stop the recurring fees.
• Flexible use. High vertical scalability is a feature of cloud services like SaaS that offers users the flexibility to acquire more or fewer services or features as needed.
• Regular updates. Customers can rely on a SaaS provider to automatically handle upgrades and patch management rather than buying new software. This lessens the workload for internal IT employees even further.
• Persistence and accessibility. Users can access SaaS apps from any internet-enabled device and location because SaaS companies deliver their products via the internet.
• Customization. SaaS apps, particularly those from the same software supplier, are frequently customizable and can be connected with other corporate systems.

What is the future of SaaS?

SaaS and cloud computing has advanced significantly in recent years. Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) are two examples of SaaS Integration Platforms (SIPs) that have grown as a result of increased awareness and adoption, according to Ketki Prabhat. Companies will continue to hire specialized service providers who can do non-core IT tasks better handle them for them. The cloud strategy can assist businesses in creating comprehensive, integrated solutions and free them up to focus on their core competencies while leaving a variety of hardware and software IT challenges to service providers.

As more "aaS" services are adopted by businesses, long-term connections with service providers will strengthen, which will foster innovation as customers' expanding needs are recognized and met.

Ketki Prabhat claims that in the future, high-performance computing will be helpful for a variety of business tasks, including analyzing huge amounts of consumer data and keeping track of application logs. SaaS may one day be able to assist with important business difficulties like identifying which customers will leave or what cross-selling strategies are most effective for your company.

Know about the Challenges of SaaS

Unsurprisingly, the biggest benefit of utilizing SaaS is also the biggest disadvantage—the requirement for an online connection. It's advantageous if you have a robust, dependable connection. It's a con if you don't have a reliable connection.

This is less of a problem when broadband and high-speed networks, like 5G, become more widely accessible. But before choosing a SaaS solution, there are a few other scenarios to take into account.

The following issues could also arise:

• Loss of Control: Everything is managed by the seller, thus you are dependent on their skills.
• Limited Customization: Few SaaS programs allow for significant vendor customization.
• Slower Speed: SaaS applications may experience greater latency than client/server programs.
• Risks related to security: Although the SaaS provider safeguards the program on its own, sensitive data should still be handled with extreme caution.

Why is the SaaS model important?

The SaaS business model can lower expenses for the IT infrastructure that would have previously housed the apps. A SaaS provider's responsibility for management and upgrades can also reduce some of the time spent on management duties.

According to Ketki Prabhat, the SaaS model frequently makes sense because different technological developments call for architectures that are quicker, more agile, and available on-demand, as well as more frequent software updates. Cloud and edge computing, 5G and Wi-Fi 6, the Internet of Things, mobile devices, collaboration technologies, and immersive experiences made possible by virtual reality (VR) and augmented reality (AR) are technologies that have spurred demand for SaaS. (VR). These technologies can use a lot of data and require a lot of processing power. They need low latency, high-performance infrastructure to function.

These days, a wide range of corporate applications, including collaboration, email, sales management, customer relationship management, financial management, human resource management, and billing applications, are offered as SaaS services.