SaaS is a software distribution model that is widely gaining attention due to its simplicity, cloud support, security, widespread connectivity and ease of access. SaaS is a working business model and not just technological development. It provides agility and cost efficiency to companies, solving the problems of different industry verticals. Software-as-a-service platforms streamline business activities with a single source of truth about the entire organization.

Companies looking to digitally transform their business landscape during post pandemic times are leveraging SaaS applications to achieve their goals. CIOs and chief digitals officers of most organizations are strategically increasing the use of these low code/no code SaaS platforms.

Based on Gartner’s reports, SaaS spending will grow from $100B in 2020 to $140B in 2022, which is 40% increase in a span of two years. This implies companies are spending additionally around $20B on SaaS every year. Based on the above numbers and stats, its time for organizations to level up and start exploring SaaS applications to their advantage.

At our upcoming webinar on SaaS Business Models, engage with the world class leaders who will share the impact of the SaaS based business models in professional world, their scope in enhancing efficiency, productivity, profitability and the possibilities of the industry flourishing and going from strength to strength over coming years.