The rise of Software as a Service (SaaS) has created a massive opportunity for organizations to access and manage their data easily. This type of service eliminates the need for them to run applications on their data centers and computer systems. It is also praised for its security and simplicity. Despite the rapid growth of the industry, many people still don’t understand the advantages of SaaS. This blog aims to debunk some of the myths surrounding this type of service.
Lack of Security
Unlike other services, SaaS applications are generally more secure. This is because they can be developed and managed at significantly higher levels than what is typically required for small and medium-sized enterprises. The multi-tenant architecture companies use also gains the cost advantage of cloud computing.
This type of architecture allows multiple stakeholder groups to share the same hardware and databases. This eliminates the need for them to buy separate equipment and allows them to lower their costs.
One of the most important advantages of SaaS is that it comes with automatic security updates. This ensures that the applications are always up-to-date and secure.
Lack of Reliability
Despite the various advantages of SaaS, there have been relatively few service disruptions. These are not frequent and have not been reported to have lasted long. Some of the major companies that have been affected by these disruptions include Salesforce and Google. However, these companies have not yet disclosed the exact details of their operations.
Lack of Application Options
Contrary to popular belief, software as a service offering from companies such as Google and Salesforce comes in various forms and functions. For instance, you can use an email marketing tool from a SaaS platform.
Lack of Long-Term Success
The increasing number of people and organizations using the software as a service has shown that the trend is becoming a mainstream industry. According to Gartner, the revenue generated by the services will reach over $100 billion in 2020. The rise of the industry is also supported by the increasing number of organizations adopting cloud computing. For instance, many IT organizations are now using cloud services.