With Business Intelligence (BI) platforms at your disposal, your organization can use data analytics to make better decisions regarding its future. However, using business intelligence platforms requires certain steps so that you can make the most of it. Here’s what you need to do to make proper use of your data. Read More
- Published: 21 Feb 2020
Cloud technologies have given businesses access to far more tools than they have had in the past. Part of this is thanks to an approach known as Software-as-a-Service (SaaS). Let’s take a closer look at SaaS to see how it can be so helpful to small and medium-sized businesses.
What Software-as-a-Service Really Is
To really get a handle on SaaS and its benefits, let’s examine it in what is likely its most well-known utilization: the streaming services offered by Netflix.
Really, Netflix streaming effectively works the same way that SaaS works for organizations that make use of it. Subscribers to Netflix’s streaming service pay a monthly fee to access a shifting library of content as much as they want, on a variety of devices. Similarly, SaaS allows businesses to utilize up-to-date versions of crucial business programs, also billed on a month-to-month basis.
This results in additional similarities, which translates positively for the user.
The Benefits of SaaS
Netflix enables its users to view content from practically anywhere, provided they have an account, a compatible device, and a connection to the Internet. SaaS works in the same way, opening a business to greater opportunities to productivity.
As a bonus, both options can easily be scaled to better fit one’s needs… a Netflix account can be shared between up to five user profiles, and different tiers allow different numbers of profiles to be used simultaneously. As for SaaS, an agreement can usually cover as many users as a business would need, allowing for new hires, departing employees, or shifting responsibilities.
Now, you may be thinking that it would ultimately be less expensive to simply procure a given software solution and maintain it in-house. However, you need to consider the additional investments that this approach will require of you… like acquiring and maintaining the hardware needed to support these solutions. These costs alone would almost certainly negate any “savings” you’d see from managing your software yourself.
Using older software that isn’t kept up-to-date can lead to vulnerabilities. The SaaS model means the software is always kept secure via regular updates from the developer.
Ontario businesses can rely on Compudata for a wide assortment of their IT needs, including SaaS. Learn more about what we offer by calling 1-855-405-8889 today.