🥇 Find out how to build great SaaS applications for your business!
Overall, 71% of companies have at least one SaaS subscription, which means global business spending of $ 343 billion per year.
These types of applications have represented a growing market lately, due to their high consumption, ease of use and implementation, and the high turnover rate of the applications we use in our daily lives. For these reasons, everything seems to indicate that this trend will continue to be very profitable for a long time.
What is SaaS?
SaaS means Software as a service. This means that all software is run and updated over the Internet.
This is a cloud-based service, where you access an application through a web browser instead of downloading the software to your computer from your desktop.
As we have already mentioned, SaaS platforms make software available to users on the Internet. With SaaS, nothing needs to be installed. Everything is available after logging in with a user account, so as long as you have internet you can access the information from any device.
it offers scalable services, so it is useful for small business or international business.
Examples of SaaS applications
In SaaS applications, we have a few examples of SaaS platforms that have become very popular:
- Dropbox: Offers file storage solutions that sync across all your devices and act as a cloud-based hard drive.
- Soft: business communication platform with a wide range of functions (private messaging, group forums, various file sharing options, etc.) All of its operations are supported by data encryption to ensure privacy and security.
- Salesforce: Cloud-based customer relationship management platform that aims to drive sales for organizations by managing all leads in one environment.
The difference between SaaS, PaaS and IaaS
In addition to SaaS, there are other models of cloud services, the so-called PaaS and IaaS.
IaaS (infrastructure as a service)
IaaS companies offer services such as storage, networking and virtualization on a pay-as-you-go basis. IaaS provides users with cloud-based alternatives to on-premise infrastructure, preventing businesses from costing local resources.
It also offers scalable, flexible and affordable solutions for users.
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PaaS (platform as a service)
PaaS platforms provide hardware and software tools on the Internet and people use these tools to develop applications. Consumers of this PaaS model are typically developers looking to create unique and customizable software.
With PaaS, developers don’t have to start from scratch when building apps, saving them a lot of time and money when developing a new app.
Why launch a SaaS application?
SaaS applications are the leading cloud service. Thanks to their ease of use, scalable solutions and affordability, they offer a wide range of possibilities for all types of businesses.
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Plus, the subscription models they offer provide businesses with the software solutions they need. affordable cost.
Benefits for your business
- Reduce cost overruns: No need to maintain or buy expensive equipment. You only pay for the services you need.
- Scalability: If a business starts to need more resources, they simply upgrade their plan and can instantly take advantage of more options.
- Reliability: The cloud is a network of servers spread around the world, so if one server goes down, the rest catch up and the app will keep running.
- security: Cloud providers pay special attention to security to ensure that your data is stored in a safe place.
How to create a SaaS application
In order to create a SaaS application, the steps to follow must be well planned: the design, the architecture of the application or the services to be provided must be well defined, but other factors must also be taken into account.
An important element is the pricing strategy. For example, in SaaS software it is common to offer some utilities for free to entice users to try our app and then monetize the rest of the more advanced features.
It is also crucial to conduct market and competitor research to validate the idea and find out if there are any users willing to subscribe to our SaaS services.
This initial decision-making also involves aspects of the SaaS itself, such as which tools or platforms to use, as well as the desired features, for example, role-based access to set different permissions within the team, an analytics dashboard, single sign-on, or audit logging.
This whole process can be overwhelming, so we recommend that you start small, especially when it comes to the complexity and therefore the financial investments.
Selection of the right (external) services
Once we have a clear idea of what the app will look like, it’s time to look for the right external services.
One of the key factors will be choosing a cloud service provider which can host your SaaS platform. Ideally, select a host that is inexpensive, but able to scale as the platform grows, for example, Amazon Web Services (AWS) is a popular vendor with several tools for SaaS developers.
To build a SaaS product, a database for back-end data storage is essential. The main databases are MySQL and PostgreSQL.
And finally, you will need to select a server for your application such as Nginx or Apache.
Provide sufficient security
SaaS applications move a large amount of sensitive data, which is why having the trust of users is essential and why security must be at the heart of any SaaS platform.
To protect user data, two-factor authentication and role-based access should be offered.
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The SaaS application development company must provide field-level encryption and encrypt, for example, social security numbers or credit card numbers.
It is also advisable to introduce a strict data deletion policy which clearly specifies how to delete and store customer data.
Some of the main advantages offered by SaaS platforms are constant upgrades, feature integrations and support. These functions are extremely useful but require constant updates. This is why a company outsourced for this purpose can offer logistical support and advice to meet the business needs of the platform and our idea.
💡 This video explains the concept of SaaS application in just two minutes:
AT Yes, we are well aware of the benefits of building SaaS applications. For a company, create a SaaS application provides a fixed income long-term. For the end user, this allows access to an easy-to-use and always up-to-date product without having to invest a large amount of money, but only a small monthly fee. For some of these reasons, SaaS applications are mostly successful these days.
If you want to create a SaaS application, Tell us about your project and we’ll put you in touch with the best experts around the world!