Technology

Benefits of SaaS for Millennials

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We are in an era that is making big changes in technology. With every passing day, our business world is going through a huge change. We can say this is the new era of millennials which has established profound business trends by shaping the workplace. If we talk about software industry we all have witnessed a vast change within that as well. SaaS, Software as a service is one of them which has overcome the traditional software.

 

In this article, we will discuss that how using SaaS can help passionate young students like us, who are a perk of getting into right careers.

 

“Software is eating up the world”, rightly said. We are left with almost nothing which does not ease out life with them. Either be it mobile applications or whole operating systems, our each and every activity revolves around them. But with fast-growing technology here we have something more than software. And we call is Software as a service. In this, a vendor is providing a software at user end as a service. Unlike traditional software, these are not only installed on your device but on a server which further user uses.

All users share a common infrastructure of code. Eventually, the valuable development time previously spent on maintaining numerous versions of outdated code will be saved.

 

Let’s have a look at beneficial points for SaaS. These are listed below:

 

  • Less initial investment

Initial costs of a cloud-based setup are typically much lower than traditional software systems because you only need to implement the software to your requirements and then access it through your computer’s internet connection or we can also call it multitenant environment. It allows small and medium businesses to use a software that otherwise they would not use due to the high cost of the license.

 

  • Easy upgradation

SaaS platforms offer many backup plans and have access to the much larger workforce. And through this, we can easily use history details. Moreover, one of the positive key points is that there is no need to for hardware and take tension for its repair. Without bogging customer’s usability, they provide a complete solution as a service provider.

 

  • Highly adopted

According to BCSG, 64% of SMBs were using cloud-based apps in 2016, and adoption is expected to increase to 88% in the next two to three years. This means that most companies now use at least one form of SaaS in their business, making SaaS one of the most widely used forms of cloud delivery among enterprises today.

 

SaaS platforms have a more profound impact than above-mentioned benefits. It also plays important role in changing business and its models. Sales, Marketing, and customers services can also be linked with SaaS platforms to gear up today’s business. So that every member of the organization can have access to most updated information.

After knowing about SaaS, we should realize that how SaaS technology can change our lives if used properly. And we can consider using it in any of future business venture. As Millennials have a different relationship with technology, unlike previous generations, they grew up in a time when the widespread adoption of technology has accelerated from years to minutes.

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Asmita Sharma

Asmita Sharma is pursuing MEng from the University of Windsor after completing her bachelor in Technology in the field of Electronics and Communication. She loves reading and writing as a technophile. She has also accomplished internship in Business Development and Marketing.

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