![]() Application hosting on the cloud: A key criterion of SaaS companies is leveraging cloud technology to deliver their software solutions. Here are five features that characterize SaaS companies in 2022.Įssential Features SaaS Companies Should Offerġ. Industry adoption of SaaS is expected to grow by 67% in the next five years as per a 2020 survey titled Understanding Your Terminal Strategy with Cloud-based Technologies by Navis, underscoring the importance of this trend. Customers also gain from the flexibility of on-demand scaling and pay-as-you-go efficiency. Increasingly, most software providers are moving to a SaaS business model as it offers predictable recurring revenues. Software as a service (SaaS) is a cloud-based application delivery and consumption model where users pay for software on a subscription basis, depending on monthly or annual usage, the number of licenses, and the features in use. ![]() Key Features of Software as a Service (SaaS) Companies 10 Companies with a Large Presence and Strong SaaS Delivery Capacities in 2022. ![]()
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