Daily News Analysis » Software-As-A-Service (SAAS)

Software-As-A-Service (SAAS)

Why in the News?

The study by CII and EY, titled — India: The next global SaaS capital — cited that India is rapidly emerging as a hub for SaaS start-ups.

Key Points:

About Software-as-a-Service (SaaS)
  • Software-as-a-Service (SaaS) is a software licensing model, which allows access to software on a subscription basis using external servers.
    • For Example Google Docs, and DropBox.
  • SaaS allows each user to access programs via the Internet, instead of having to install the software on the user’s computer.
  • SaaS has many business applications, including file sharing, email, calendars, customer retention management, and human resources.
Applications of SaaS:
  • Email services
  • Auditing functions
  • Automating sign-up for products and services
  • Managing documents, including file sharing and document collaboration.
Software-as-a-Service (SaaS)
Advantages Disadvantages
  • Accessible from anywhere
  • Increased security risks
  • Cost effective
  • Slower speed
  • Easy to implement, update, and debug
  • Loss of control
  • Easy to scale
  • Lack of customization