In this massive article, we’ve rounded up the top SaaS companies that have changed the way work. The global analyst firm expects that revenues will rise by 16% in 2021. In 2019, Gartner updated its online cloud forecast predicting SaaS revenues will total $266.4 billion in 2020. According to a report from BetterCloud, 73% of organizations said nearly all of their apps would be SaaS in 2020.
In 2008, only 12% of businesses used cloud-based apps. All you need is your web browser or smartphone to enjoy the benefits without any startup costs. In a nutshell: SaaS companies provide instant access to apps in exchange for a subscription.
Unlike traditional software, customers don’t need to create the infrastructure they simply pay a fee to access the service often on a monthly or annual subscription for each user. This model is also called the cloud or cloud-based service. Software as a Service (SaaS) companies provides significant value to customers by hosting applications on their servers over the internet. Subscription-based software companies have changed the way today’s businesses operate, and their contributions continue to be an integral part of the future.
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