Prior to B2B technology breaking the ceiling of sales and innovations, most of us could hardly think of such dramatic developments in any industry. Slightly over a decade ago, corporations were astonished by as little as being able to sell online, and didn’t think either that a time would come for everyone to ‘get a piece’ of their moneymaking machine.
But here we are – 2020 is knocking on the door, and startups are building empires revolving over technology advancements. Credits for their success and the overall contribution of business-friendly technology should be given to none other but the SaaS trend – a market of fully independent, entirely cloud-hosted, and delivered-as-a-service productivity tools. Observed through the prism of a small, yet ambitious business, these tools and services push in enterprise-grade efficiency, but they do so at a fraction of the price (which is how we can afford them). To put even more weight on the SaaS end, enterprises are also adopting the multiple benefits of these solutions.
There are grounds to believe that SaaS will overtake completely the production manner of the B2B industry, especially as we give a look to its most recent developments. According to our 2019 SaaS Industry Market Report, the growth of the SaaS public market will reach $76 billion by 2020. One of the growth drivers is the preference of most business users for cloud-hosted apps and SaaS solutions for communication and organization purposes. Looking up best software reviews on your own, however, will show you that the trend is pretty much alive in every niche.
Instead of analyzing the needs and achievements of your business, take a second and look at your private communication and management apps – how many of them did you have to install? We pretty much foresee the answer, and it doesn’t matter who you are or where you’re coming from.
It is high time to leave complex, local installations and time-consuming setup behind us, and entrust our key operations to a provider that will automate them, make them accessible from any device, and keep them safe and updated without intervention. Shifting business to our mobile devices and keeping a remote team together makes much more sense than it did before, thanks to 5 amazing trends we are about to witness.
Are you looking for a marketing or salesforce automation system, a flexible CRM, or even a business intelligence/data processing tool? In 2020, you may get much more than what you bargained for.
Artificial intelligence investment is foremost making use of these sectors’ upside potential, but we will also see it integrated into other technology stacks alike eCommerce, ERP, and HR management. It is even safe to assume that we will never get enough of it, as 81% of the world’s IT leaders are already working on developing AI systems.
The reason why you can’t let AI go out of your sight is that it will actually enable your devices to take notice of the environment they operate in and maximize the success potential of each goal/activity you may have. Translated to ‘businessish’, this may as well mean conquering customers without your intervention in the process. In such role, artificial intelligence will cover areas such as planning, learning, statistics, mathematical optimization, probability, and of course – all relational database operations you can think of. Hence, the sooner you begin looking at best software reviews for AI-focused solutions, the more competitive your business will become in future.
There is an increasing awareness of businesses that today’s technologies can be developed for their requirements. Instead of crafting ‘miracles of productivity’ that adjust with little-to-no-code to the specifications of each company, developers are leaning on specialization, so that they’d serve particular industries.
Among the expert community, this remarkable movement is known as ‘vertical SaaS’, but you may as well call it the ‘wave that covers one-size-fits-all tools’. Vertical development is given a central role in SaaS landscaping, right because it meets the needs of moneymaking industries, in particular accounting, finance, healthcare, construction, education, and more. A trend like this will ensure a both more competitive audience, and a more competitive market that gives control only to the best providers in a given sector.
Vertical SaaS (or industry cloud, as experts fancy calling it) features industry-specific tools and processes that are not adaptive to other industries, and makes business more developer-centric. For you as the business owner in charge, this would mean handling all business-specific matters from the comfort of a single platform, rather than acquiring several of them, transferring data, and spending money to build custom connections.
There’ve been attempts to ‘warn’ the reader community over XaaS in recent years, but the debate did, at least at that time, sound quite futuristic. As it is usually with technology, the future is already happening, and XaaS went straight from a hypothetical idea to a number-one priority on our agendas.
But what’s the XaaS fuss all about? XaaS, or Everything-as-a-Service is a term used to bring under the same roof all SaaS, PaaS (platform-as-a-service) and IaaS (infrastructure-as-a-service) applications. Basically, it refers to any technology that used to be delivered on site, and is now delivered over the Internet, and probably to the only technology our descendants will ever know about.
The XaaS era is probably one of the biggest achievements of computer science in general, given that it lowers customers’ costs, eliminates all need for maintenance, allows access to all emerging technology with no coding experience, and gives small businesses the glorious debut they couldn’t afford before. With a completely open and transparent app infrastructure, XaaS also makes resources widely available, and lets businesses move towards better profit figures by using market chances as they come.
A distinctive advantage that makes SaaS preferable to locally installed systems is that SaaS can be anything you want it to be. A way to observe this phenomenon is by looking at SaaS systems as modules or semi-developed systems that are completely open to manipulation, and that can hence adhere to specific rules and operations. Hosted in the cloud, SaaS ‘has nothing against’ being rebuilt, upgraded, or custom-connected to third-party software. In the best of all scenarios, you will even get an app to build an app on.
Once you get the ‘picks and shovels’, it is you who decides. To the commodity of users reaching out from different environments, SaaS vendors expand flexibility to the matter of choosing your own hosting. This means that you can have your app hosted in the provider’s data center, and not worry about updates and maintenance, or host it in your internal or enterprise cloud to have data protected behind your firewall.
In most cases, it will be this decision that will dictate the price you have to pay to acquire the system. That decision boils up to control matters and whether you feel confident enough to entrust sensitive information to a third provider. If you’re just starting, public hosting will likely be the best option you’ve got, as you can always shift to a different option as your business develops.
Advanced storage and self-service computation is another trend that will mark the SaaS landscape in 2020. This trend is not a new one since many companies are already using hyperconverged infrastructure (HCI) platforms to build their own applications and host them in private cloud, while several are working to get there. HCI, nonetheless, belongs to the group of single sourcing hosting methodologies, and is therefore recommended primarily to experienced users.
Almost all cloud industry forecasters are strong supporters of businesses transiting completely to HCI systems, those being their more configurable and money worth options. HCI technology scales fast, ensures easy connectivity and 100% reliability, and exhibits a notable potential for self-recovery. It offers a variety of sophisticated workflow management operations and has no decent competitor when it comes to security. Thus, it can aid both enterprises and startup businesses to climb the ladder to success.
To round up our cloud computing forecasts, we’d like to share a list of promising SaaS products that handle pretty much unique tasks in their industries. These systems are innovative, end user-oriented, and extremely cost-efficient for their administrators. Some of them will even wrap up functions beyond their primary suite (accounting + HR, for instance) to spare you the trouble of purchasing and integrating several pieces of technology.
What will also please SMBs is that SaaS solutions are adopting a vertical dimension, meaning that more and more of them are designed for the needs of a particular industry. With no experienced IT team to put in charge, you’ll still get a tool that syncs with your business processes, and configure little to none of its functions.
Here are few reliable SaaS reviews examples you should consider in 2020:
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