Often, enterprises striving for efficiency and agility in their operations turn to digital trends that others in their industry seem to be adopting.
But in this digital age, there can never be one solution that fits all, one program or service that makes everything click for their business. Or can it? Data integration, connectivity, and a cohesive system are arguably the lifeblood of any successful organization.
Everything about the Metaverse tells a tale of a space that is unrestrictive and open to all. A shared space, that is supposed to fill in as the next iteration of the internet, as people join and engage from different parts of the world.
Software as a Service or SaaS has become an integral part of businesses. Understanding the SaaS business model has become a necessity for businesses today. There is a growing need to incorporate the latest trends in SaaS.
Till the latest trends in SaaS applications took over recently, most enterprise applications were housed in on-site data centers and SaaS security was not a major imperative, as the onus of protecting the data was on the operation, but IT infrastructure security knew what, where and how to protect the data.
As per the reports from Bain and Company, the revenue of Indian SaaS Startups will reach $4.5 billion by 2021.
Bain also predicts that the SaaS start-ups in India will capture a 7%-9% share of the global SaaS market by 2022.
Back in 2005, since the moment John Koenig coined the term 'SaaS', Software as a Service this industry has been growing by leaps and bound.
As per Research and Markets, the global SaaS market will grow up to $272.49 billion by the end of 2021, reaching $436.9 billion by 2025. Similarly, Gartner's estimates that the global SaaS market will touch $278.3 billion by end of 2021.
