Software as a service(SaaS) applications have grown increasingly popular in recent times. The SaaS models’ cost efficiency, personalization, and automation make them the best choice for delivering software solutions.
Software as a Service application (SaaS) is designed to pay only for the used software instead of purchasing the license. Significantly, you don’t need to install SaaS applications on your systems. Instead, you use them only through a mobile or web browser. SaaS applications execute in both private and public cloud environments.
Advantages Of SaaS Applications
- No configuration and no setup
SaaS apps require fewer resources and do not require any configuration and setup compared to traditional softwares. Using traditional apps necessitates composition and execution on your system. Also, a capable infrastructure should be set to run the software. If the workload increases, one needs to acquire additional storage, computing, and network capabilities.
- Anywhere anytime access
SaaS works in a cloud environment. So, you can access them anywhere, anytime from any device, surpassing the need to work on an office’s desktop.
- Faster upgrades
SaaS applications enhance consistently. More importantly, customers have quick access to the latest updates. Upgrading traditional systems requires installing an upgrade package specifically.
Steps For SaaS Product Development:
Here we have the vital steps to develop a SaaS app from scratch:
Perform competitor analysis
SaaS app development is increasingly reliant on artificial and machine learning technologies. As part of the development, study the market trend and understand it. Moreover, learn and understand your target audience as you refine the SaaS ideas. Study the competitor’s app and other existing apps in the market. Note the strong and the weak points to generate an enhanced user experience.
Choose your finance model.
Before starting an app development process, choose an appropriate finance model. Understanding the users will help you know how much they can spend to use the app. The significant application models that work best for SaaS apps are here:
- Freemium model
This model enables downloading the app for free. However, it allows the premium features for a specific price. For instance, the cloud storage services such as Dropbox allow using a certain amount of space for free and will charge a fee if you need to extend the storage space.
- Transaction fees
If users are making money using the app, they pay a specific commission. Moreover, you can also gain the transaction fees through any money transfer. Upwork, one freelancing marketplace, uses this model to generate revenue.
This is one of the most widely used finance models for SaaS apps. Users can access the apps accessible for viewing any commercial videos or ads. At the same time, app owners get the payments for clicking the ads.
Plan for security beforehand
Though the SaaS models are considered adequate, few risks are associated. As a SaaS service runs on a cloud, the basic essential to attain a secure environment is to choose a trustworthy cloud vendor. Multiple customers use an app. So, select an exemplary architecture for the SaaS applications, and ensure to execute the backup and encryption.
API Third-party integration
The saas software has to integrate seamlessly with the enterprise applications. It should have the APIs so that the third-party developers will find it easy to access the software code and develop it for integration with other applications. Focus while opting for an open API architecture for security.
Choose a technology stack
Choose the technologies for the application server, front end, backend, and database.
- The backend storage database technologies mainly include PostgreSQL, MongoDB, and MySQL.
- Especially while talking about application servers, Nginx is the best choice.
Develop an MVP
The minimum viable product (MVP) is the trial version of the SaaS app with basic features. The idea is to enable users and stakeholders to know about your product. Also, the app is developed with less budget. Not to worry, the technology stack can also find a refined version during this stage.
Begin the development
Communicate effectively with the team to share your ideas concerning the product features and the requirements. Also, develop a marketing strategy during the beginning stages so that users await the launch of business services.
After conducting the beta testing, an app is ready for deployment. The user acceptance testing enables users to know about your app. The SaaS applications need consistent maintenance. Users should enjoy seamless access and have 24×7 technical support.
SaaS applications are highly beneficial as they possess low subscription fees, better accessibility, and 24×7 technical support. Developing a solid team to develop SaaS development may take time. Choosing a help of an effective team helps this happen effectively. ONPASSIVE, an AI, and ML-based organization enable the SaaS application’s development cost-effectively with the AI intelligence.