This presentation provides an introduction to Software as a Service (SAAS), explaining its software distribution model, working, applications, benefits, risks, and key providers. It also discusses the market trends and growth forecasts for SAAS.
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Introduction to SAAS •Software as a service is a software distribution model. •Software as a service act as host for the organization in terms of business operation. •Software as a service is one from of delivery software application. •It is also considered a nomenclature of cloud computing.
Saas Working •Saas software offers a host platform to the administrator free from hardware support. •Saas software then act as data distributor for the potential buyer.
American red cross Saas software working •Saas is used as platform to create donor portfolio and fund generation activities. •Saas is used as information provider in order to mange relief activities on global platform. •Saas works as interlink node between financial donors, volunteers and recipients.
Market of Saas software •As per Global cloud index up to 2020, Saas will dominate the global business market with the estimate percentage of 86%. •As per report published in 2018, Saas market will rise up to $ 185.4 billion in 2024 with the average growth of 24%.
Benefits of Saas software •Time optimization •Low cost •Scalability and integration •Upgrades •Easy to use
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Security risk of Saas •Identity management in the cloud is immature •Cloud standards are weak •Secrecy •Access everywhere increases convenience, but also risk •Location of data is uncertain
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IT service Management application •Act as gate keeper for IT issues •Act as scalable process •Act as supervisor to identify repeat problems •Act as change agent in the business operation
ITSMdelivered as SaaS •Automatic Run book •Software Development lifecycle management
•Cost management application •Offer modern business solutions
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References •Market watch. (2018)The Global Software as a Service (SaaS) Market size is expected to reach $185.8 billion by 2024, rising at a market growth of 21.4% CAGR during the forecast period [online]. Available from:https:// www.marketwatch.com/press-release/the-global-software-as-a-service-saas-market-size-is-expec ted-to-reach-1858-billion-by-2024-rising-at-a-market-growth-of-214-cagr-during-the-forecast-peri od-2018-11-19 [Accessed 9/9/19] •Finance online. (2018) 2018 SaaS Industry Market Report: Key Global Trends & Growth Forecasts •[online]. Available from:https ://financesonline.com/2018-saas-industry-market-report-key-global-trends-growth-forecasts/ [Accessed 9/9/19] •