Posts

Showing posts with the label Saas

Should you build a software as a service (SaaS) product?

Image
A world-class SaaS product will transform your industry. Are you ready to build it? By investing in the development of a SaaS product, you’re investing in the future of business software. When you monetize your product through some form of a subscription business model, you open your product up to SMBs that couldn’t previously afford a software solution. Do you have large enterprise customers? Large companies are subscribing to SaaS products at record rates because enterprise IT departments have realized SaaS products can be as secure or more secure than software hosted on-premise. Established behemoths and startups alike are building cloud-based SaaS products for every business role and industry vertical. Whether you’re building a new SaaS application from the ground up or migrating your on-premise architecture to a multi-tenant SaaS architecture, you’ll save on cloud infrastructure and maintenance costs when your SaaS application is complete. You’ll also see productivity improve...

Profitability of building Custom Software

Image
Should you develop custom software for your business? Marc Andreessen is right. Software is eating the world. Will you use custom software to create new revenue streams or reduce operational costs? Should you build or should you buy? Should you hire an in-house team to develop your software product or should you outsource? When existing SaaS products don’t solve your company’s exact problems, it often makes sense to build custom software to compete in today’s data driven world. Open source programming languages and cloud infrastructure even the playing field for startups and SMBs by significantly reducing the capital required to build, operate and maintain custom software products. Many companies look to use or modify existing SaaS applications to streamline business processes. While this is a good approach to start, your needs may change as your business grows and you may need to write custom software or modules that work with the SaaS software you’ve procured. When you buil...