Nowadays, the most prominent enterprises around the globe use SaaS software as a part of their tech stack — and sell SaaS solutions too. Even Oracle couldn’t beat them and had to join them, writing a recent blog about how SaaS apps improve the workplace experience.
What exactly is SaaS?
SaaS was created as a means of providing software on the internet. The software was initially packaged on individual computers and loaded onto a private or public cloud service that allowed users to access it.
However, internet access wasn’t the only thing that changed. SaaS introduced a new revenue model. So, instead of purchasing software licenses, customers sign up to the software as a service. The majority of SaaS businesses charge monthly subscription fees, offering a range of different service levels to allow users to adjust their plans based on the requirements.
Debunking 7 Common SaaS Myths
SaaS was initially viewed as a non-profit option for enterprises. However, companies chose to use all-inclusive software suites in those days to manage their complex businesses.
SaaS was famous for small and medium-sized companies because they were less expensive to install and manage. But with advances in performance capabilities and a decrease in cloud computing costs, SaaS became a viable alternative to traditional software.
Although SaaS is becoming more prevalent, many enterprises are wary about replacing legacy software with SaaS. So let’s examine some misconceptions about SaaS and the capabilities it offers, and the truth.
Myth #1: SaaS was created to cater to low-end customers
That’s indeed how it began. However, that’s not always the way disruptive technologies start. SaaS has enabled organizations large and small to run operations since its creation more than two decades ago.
Myth #2: SaaS applications don’t offer security
Users gain from the fact that SaaS is an open resource. In addition, scale economies mean that security services can be significantly more secure than what is feasible for a single organization.
Myth #3: If you choose SaaS, you’ll lose control of your information
SaaS can be frustrating for some because they do not have complete control over the data or cannot export it out of the platform. But this varies between platforms. Therefore, it is essential to know what information is necessary for your company and its protection. Additionally, you should see how the process of exporting or sharing it is feasible.
Myth #4 open software is the only way to gain the features of a business
In the past, open source was required to create an online storefront that could meet a niche or particular need. In the present, that’s not the scenario. To varying degrees based on software providers, SaaS platforms can be expanded with the help of easily installable applications which add additional functions.
Myth #5: SaaS is too restrictive with a standard style and appearance
Not necessarily. You can customize SaaS platforms in a variety of ways, based on the particular product. Some platforms offer many powerful ways to modify their features without altering the source code. You can also make customizations to the source code.
Myth #6: SaaS doesn’t make sense financially.
Take into consideration all the costs you incur -in terms of real dollars as well as in human effort. SaaS helps to make IT and administrative staff more efficient. Instead of paying upfront for licensing costs and other costs, you pay a fixed monthly fee for subscriptions following the tiered pricing model. You can scale it up or down according to the need.
Myth #7: All SaaS is the same
Not every SaaS software is the same. We’ve only talked about the essential aspects of SaaS software.
While we’re sure to agree that software isn’t obsolete, it looks a lot different than it did a decade ago, regardless of whether you’re using open-source software or you’ve changed to SaaS.
To achieve the results you want, you don’t need to worry about open source software or on-premise servers.