SaaS Benefits and Considerations

SaaS Benefits and Considerations

According to Forrester Research, global software-as-a-service (SaaS) revenue was $63.2 billion dollars in 2014 with the market expected to grow by 110% to $132.6 billion in 2020. What continues to drive SaaS adoption and growth? Historically, companies were required to build and manage IT infrastructure and buy expensive software licenses to run applications on top of it. SaaS gives companies an attractive alternative. Below are seven key benefits of SaaS, as well as three key considerations to address when evaluating providers.

Key Benefits

  • Higher Adoption – Most corporate users are or have used the Internet to do work. Since SaaS applications are accessed by users via web browsers, they tend to have higher adoption rates and lower learning curves.
  • Lower Costs – Because SaaS applications are subscription-based, companies do not incur capital expense for hardware, people or software. Companies pay for what they need, when they need (operating expense).
  • No Lock-In – Customers have the option of cancelling or not renewing annual or monthly SaaS subscriptions. Subscriptions highly incent SaaS providers to deliver positive customer experience and satisfaction.
  • Quick Deployment – While traditional software can take months or weeks to deploy, SaaS can be accessed immediately with a web browser. Immediate access cuts the time-to-benefit for both companies and users.
  • Seamless Upgrades – SaaS providers manage all updates and upgrades ensuring applications are current. SaaS providers also manage data backup, as well as infrastructure maintenance for performance and scale.
  • Systems Integration – Most SaaS providers offer customization capabilities to meet specific needs. SaaS providers also create APIs to enable connections between internal applications and other cloud venders.
  • Work Anywhere – SaaS applications can be accessed any place, any time, from any device via the Internet. Users experience increased productivity by having their data, systems and tools always at their fingertips.

Key Considerations

  • Data Mobility – When customers want to sever relationships with a SaaS provider, can their data be extracted? When a SaaS provider goes under, what happens to the data (i.e., is it destroyed)?
  • IT Compliance – Certain industries have compliance requirements for data protection and security; e.g., HIPAA for healthcare. Do the SaaS provider’s compliance and security practices meet the required business needs?
  • Service Outages – Service outages are not a matter of if, but when. Do the availability guarantees and service level agreements from the SaaS provider align with the company’s business requirements?

All contents copyright © 2015, Josh Lowry. All rights reserved.

Leadership Quotes – February, 2015

Leadership Quotes – February, 2015

A summary of leadership quotes and other tweets during the month.

  • 85% of success is due to leadership and people skills; 15% is due to technical knowledge. – Carnegie Institute
  • Application and infrastructure assessments are helping companies migrate to cloud faster. @Josh_Lowry
  • Automation = single task. Orchestration = automating multiple tasks; execution of workflow. @DevOpsDotCom
  • Awareness is the first step towards change! @CoachGoldsmith
  • Be strategic and intentional in everything you do. Do not let life simply happen; make it matter. @TJeary
  • Best sellers know every detail of every sales opportunity without looking in CRM. @ZeroTimeSelling
  • Business is a game and in order to win, you have to field the best team. @Jack_Welch
  • Do not be a leader who gets a lot done, but nothing done well. @LollyDaskal
  • Do not do what everyone does because most people do not produce extraordinary results. @ExpertLeaders
  • Do not go to bed afraid of your competitors. Get up every day afraid of your customers. – Jeff Bezos
  • Encourage dissent in the meeting instead of in the hall later. @LeadershipFreak
  • Great spirits have always encountered violent opposition from mediocre minds. – Albert Einstein
  • I have failed over and over and over again in my life and that is why I succeed. – Michael Jordan
  • If you are not in over your head, how do you know how tall you are? – TS Eliot
  • In the end, it is not the years in your life that count. It is the life in your years. – Abraham Lincoln
  • In celebration, lead from back. In crisis, lead from front. When better idea, follow from front. @ValaAfshar
  • Just because you believed and it did not work, does not mean it is over. – Jamie Larbi
  • Our chief want is someone who will inspire us to be what we know we could be. – Ralph Waldo Emerson
  • Pete Carroll takes blame for Seahawks’ failure to run Marshawn Lynch. @USAToday
  • Previously, clouds were seen as missing features compared to data centers, but now it is the reverse. @AdrianCo
  • Realize strong people have big weaknesses. Deal w their weaknesses or lose their strengths. @LeadershipFreak
  • Show your contempt for the problem and your concern for the person. @OfficialJimRohn
  • Success and significance do not happen by chance. @TheZigZiglar
  • Sunday meetings become Monday revenues. @TheRealBradLea
  • The function of leadership is to produce more leaders, not more followers. – Ralph Nader
  • To maximize productivity, do not attend meetings w more than six people, unless board meeting. @HunterWalk
  • What world-changing opportunities should we invest in together? – Max Peterson
  • You cannot change how people treat u or what they say about u. All u can do is change how u react to it. – Gandhi
  • You cannot survey your way to an innovation. – @Balajis
  • You have never really lived until you have done something for someone who can never repay you. – Anonymous
  • You have to grind and outwork people to be successful. You can control for effort. @MCuban
  • You must be willing to do the unreasonable if you desire to achieve the unreasonable. @ExpertLeaders
  • You were born to win, but to be a winner, you must plan to win, prepare to win and expect to win. @TheZigZiglar
  • Your happiest customers are your greatest source of new revenue. @AlexGoldfayn

All contents copyright © 2015, Josh Lowry. All rights reserved.


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