What is the scenario of global SaaS companies?

B2C Data Innovating with Forum and Technology
Post Reply
rmsh47
Posts: 454
Joined: Tue Dec 24, 2024 4:41 am

What is the scenario of global SaaS companies?

Post by rmsh47 »

Additionally, for a company to be considered SaaS, the software must be service-centric and must be accessed through a web browser or an application designed for mobile device access.

What are the challenges of this business model?
Despite offering a wide range of advantages and possibilities, SaaS companies face a major challenge: Convincing their customers that it is safe to centralize their data in the cloud.

Small and medium-sized companies usually do not gambling data turkey find problems with using SaaS, as the resulting savings are considerable, especially for businesses that are not that large. On the other hand, large organizations are somewhat cautious about storing their sensitive and strategic data in the cloud. Some stakeholders believe that it is still safer to have all the files within easy reach.

Therefore, the biggest challenge facing companies that provide software as a service is to prove that the technology used to host data on the Internet is secure and is becoming more secure every day.


According to a recent Gartner survey, 70% of organizations are currently investing in SaaS and public cloud offerings – and they have no intention of stopping. Moreover, it is predicted that the global SaaS market will reach $138 billion by 2022.
Post Reply