The acronym SaaS stands for “Software as a Service”.
SaaS is a cloud technology wherein users can use the software without installing it on their computer, through the cloud. Updates, maintenance and security strategies are provided by the Service Provider or Owner of the SaaS software. A customer will only need to pay a periodic fee for usage. Usage options and time period of usage can be customized based on business needs. A very good example of SaaS is Stadioplus’s Tech.
What is SaaS and what is it for?
Historically, corporations that required management software typically hired an IT Service Provider to develop the software, install, maintain, update and manage security of such technology on the corporations local computers. All costs associated with these activities were borne by the corporation availing this service. The usage of this software is limited to few computers where such software was installed, and it was impossible to access these services from remote locations.
What SaaS does is overcome these limitations. SaaS allows business to become more agile; by moving on premises software solutions into the cloud, businesses can eliminate the expenses and responsibilities associated with managing and maintaining costly in-house servers. At the same time, they can more easily keep updated on the new patches and features, increase the speed of their own software deployments and configurations, reduce their dependance on additional IT staff and free up in-house professionals to focus their efforts on more strategic concerns. SaaS is available 24 hours a day and 365 days a year with unlimited access from any computer or mobile device with an internet connection.
What is a SaaS system?
One of the common questions that several organizations that are focused on digital transformation ask is, what is a SaaS system?
A SaaS system is a software that is distributed under the “cloud computing” or “computing in the cloud” modality. SaaS systems include the software itself and a subscription-based access system. SaaS features are:
- Low initial investment
- Fast implementation and start-up
- Unlimited accessibility with no time or geographic restrictions
- Customization to adapt to the changing needs of each project
- Upgrades, maintenance and security provided by the IT Service Provider
- Intuitive and easy-to-use interface
- Centralized database with agile access to a multitude of tools and applications
Examples of SaaS:
Stadioplus Tech is one of the best examples of SaaS. The aim of StadioPlus is to be the bridge between the sports industry and Web3 technology, through the StadioPlus Tech (SaaS) and personalized consulting.
The StadioPlus tech enables creation of NFTs in an agile way, so as to monetize on the offering made to sports fans. This technology is based on blockchain, payment options are enabled wherein purchase can be made through traditional payment methods like FIAT, Credit Card, online transfer, etc. and cryptocurrencies. This technology enables sports leagues, clubs, tournaments, athletes, and other sports organizations to to reach new generations in a language of the future and in a manner these new generations understand the future to be.
Other examples of SaaS would be:
- Business management software (ERP, CRM).
- Cloud storage services such as Dropbox
- Email marketing campaign management services such as Mailchimp
- Shared storage and content creation like Google Drive
- Music listening applications such as Spotify
- Series and movie platforms such as Netflix
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