Originally Published at Troop Messenger
Looking for the list of the top, best, and fast-growing SaaS companies in 2020?.
Your search ends here.
You can find all the examples of SaaS facts, statistics, and examples. Read on to know.
Did you know that 73% of businesses plan to launch SaaS products and make all their systems SaaS by 2020?
Swiftly and Smartly, our World is shifting towards ‘Software as a Service’ era. Some of the best saas companies are already there, while most others are likely to follow.
Vendors and businesses are either building new SaaS products or acquiring the existing ones.
Wait for a couple of more years and your workplace will never be the same again.
1. What is SaaS and its Definition
2. Examples of saas companies
3. SaaS Solution: Advantages
4. SaaS Startups: Facts & Statistics
5. Categories of saas companies
6. SaaS Products and Companies
What is SaaS and its Definition
Software as a Service (SaaS), is one of the variants of cloud-based services where instead of downloading software in your business network or installing it in your PC to run and update, you instead get to access an application directly from the internet browser.
The software application can comprise anything, from unified communications at the workplace to office software among an extensive list of business applications that are available.
Examples of saas companies
BigCommerce
Troop Messenger
Salesforce
Google Apps
Dropbox
MailChimp
Hubspot
ZenDesk
DocuSign
Slack
SaaS Solution: Advantages
For consumers:
The ability to access the software on any device, at any time, anywhere
Better affordability: Subscription basis pricing plans instead of paying a big lump sum upfront
Instant software upgrades access
For companies:
Faster deployment of the solution in the company
Increase in data security and decrease in software piracy
Higher reliability because of scalability options and upgrade on-the-go
Compatibility with different platforms, thus covering a wide audience using Windows, macOS X, Linux, iOS, Android, etc).
SaaS Startups: Facts & Statistics
By the year 2023, the SaaS products market has been forecasted to have a worth of $60.36 billion, at a CAGR of 9% (Technavio).
As per a survey, the number of SaaS products in marketing niches in 2017 was 8,500, which was only about 500 marketing tools in 2007 (PriceIntelligently).
The revenue retention rate of leading SaaS companies is 100% (forentrepreneurs.com).
38% of companies are almost running as SaaS companies (bettercloud.com).
73% of businesses are planning to shift as a SaaS company in the next few years (bettercloud.com).
86% of businesses that are using SaaS products have reported having experienced higher employee engagement. (BetterCloud)
What kind of multiples category do we see for saas companies?
Customer Relationship Management (CRM) Software
Enterprise Resource Planning (ERP) Software
Accounting Software
Project Management Software
Email Marketing Software
Workplace Collaboration Software
Workplace Attendance Management Software
G Suite, Slack, Salesforce, and other SaaS solutions bring a bunch of digital changes to businesses of all kinds.
It’s expected that over 86% of mobile startups will go SaaS by the end of 2022.Saas market is booming, and a lot of companies are picking this model for long-term, easily predictable profit.
Here is what statistics says:Global SaaS market will reach 380 million by 2021.SaaS organizations operate in over 100 countries.Companies use an average of 34 SaaS apps.But why are SaaS apps popular among businesses and service providers?
How much does it cost to develop a SaaS platform?
In this article, we’ll dive into all the details of building SaaS applications.Read more here - https://www.cleveroad.com/blog/how-to-build-a-saas-app
Many SaaS companies in India have become successful, and other companies are also in the process to adopt the SaaS model seeing its advantages.
Read more the aforesaid listed companies are just a few of the best SaaS companies in India, there are many more companies that are efficiently operating their services using the SaaS model.
Henceforth, SaaS can be inevitably considered as the future.
Laravel is considered as best platform to deal with SaaS Products.
Here are some reasons why Laravel for SaaS is a good to go project development setup.
