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SaaS Technology Trends to Look Out for in 2020

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vignesh waran
SaaS Technology Trends to Look Out for in 2020

2020 will see the continued climb in SaaS adoption across regions, markets, industries, and business sizes. TechRepublic has already forecasted that 73% of enterprise-level organizations will function almost entirely on SaaS at the start of the new decade. Those that have already made the leap to SaaS-driven business models are reporting improvements in attracting and retaining top talent, improving their employees’ work experiences and optimizing existing workflows.

Now 60 years after the inception of SaaS, what does SaaS business modeling in 2020 bring to the table that is different from its previous iterations? At its core, Software-as-a-Service technology and its providers remain steadfast, allowing users to license services on a contractual basis through the internet. What has changed, however, are its use-cases and potential to integrate more fully with a business’ operations.

Partly, this shift is attributed to the increase in internet latency and speeds, enabling SaaS providers to deliver more intelligent and powerful technology to their user base via broadband, Wi-Fi or cellular connection. But current changes to the SaaS market also indicate transformations in overall business practices—the connection organizations want to build between technology, their work process as well as their relationships with customers. Read More...

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vignesh waran
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