Software as a Service (SaaS),
sometimes called as "On Demand Software" supplied by
"Internet Service Providers" or "Application Service Providers"
is a software delivery model in which application software and data associated
with it are centrally hosted on cloud.
Software as a Service is typically
accessed by users accessing the internet via a web browser. Software as a service has become common delivery model
for many application software such as content management, human resource
management, enterprise resource planning, management information system,
gamification, accounting, virtualization etc. SaaS providers have the potential
to reduce cost by outsourcing hardware and software maintenance and
support.
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The
majority of SaaS solutions are based on a multi level architecture. Using this
model a single version of the application, with a single configuration is
used for all customers or levels. The application is installed on multiple
machines to support scalability, which is called as horizontal scaling.
Benefits of the SaaS
model includes the following :
·
It
finds easy to administrate the services.
· Also
contains automatic updates and patch
management from their respective ASP’s
·
It
is Compatible as all users will have the same version of software.
·
Can
collaborate easily, for the same reason
·
We
can access it globally.
Organizations now have the option to use application on demand
or Software as a Service rather than buying the complete license of the
application by the advert of internet. Flexibility of usage, low cost of
implementation and a growing mindset among enterprises and business users to
try web-based applications are the key factors that have contributed a lot in
the growth of regional SaaS market.
Software as a Service (SaaS) market
continues to grow rapidly among the enterprises present in Asia Pacific.
Australia and New Zealand is the largest regional SaaS market in Asia Pacific due
to the advert of better broadband connectivity.
According to a leading research firm the APAC Software as a Service (SaaS) market is predicted to
grow from $390 million in 2008 to $4321 million in 2015 at an estimated CAGR
of 41.0% from 2008 to 2015.
The economies like India and China which are developing are expected
to grow in a higher growth rate as compared to the entire APAC nations in the
coming years as the advert and speed of internet is increasing.
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