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What is SaaS product | SpdLoad

What is SaaS product?

SaaS is not just a modern geek slang. It is a term that means software as a service. SaaS is a business model that is very common in the world of digital technologies.

In other words, SaaS is a software that any Internet user can access. There are many internet platforms built on SaaS. For example, DropBox, Slack, Google Apps, Shopify or Canva.

The Saas business model is highly popular today. And it is not surprising given that more than 51% of companies are already using cloud technologies. By 2020 this number is to increase by 22%.

Today we can witness a dynamic increase in cloud-based products. Bessemer says that over the last 10 years the number of private companies worth $1 billion or more has gone from 0 to 55. It seems that the market is ready for new solutions.

Do you want to see your company in the club of successful founders? But, first things first. Let’s get more information about SaaS products themselves.

The main advantage of the SaaS model is that there is no need in any special equipment to start your business. The server provider hosts, maintains and upgrades your application. You just go to the site and use it. But to become a successful entrepreneur you need to know the key rules the SaaS market plays by.

The main characteristics of SaaS

I want to outline 4 key advantages of SaaS over other business models.

  • Accessibility. SaaS allows customers use applications the way they want. They can use it for games, work or studying. And they can access it via any device they have at hand.
  • The endless integrations. The number of SaaS applications is constantly growing. And, believe me, your customers want to have access to all of them.
  • Flexibility and scalability. Technically, the SaaS model provides a simple extension of functionality. It lets you move in your own direction and then change it whenever you need.
  • Data safety. The cloud solutions are subject to more demanding standards of security than ever before.

Yet, there are 2 disadvantages of SaaS you should take into account.

  • In spite of the fact that data security of cloud software is getting better, there is still a room for a personal data leakage.
  • Currently, there are different types of SaaS businesses. Some of them may deal with patient information. Such companies should meet data compliance with privacy regulations like GDRP, CCPA, HIPAA or other.

The disadvantages of SaaS result from the disadvantages of the cloud software itself. The constant cloud technologies development will lead to enhancements of SaaS business model.

The key characteristics listed above show you what SaaS can give to your business. But a successful product is primarily a combination of well-worked strategy, proper technical implementation and a bit of luck.

Any business development is just a set of sequential actions. Your first step is to express your idea and identify your future client. Secondly, validate the market and make a competitive assessment. Then, think over the pricing and other factors.

Every step will ensure you that the process is not complex. It will be even enjoyable if you believe in yourself and know all the peculiarities of this business.

Read the full article to know all the details of starting your own SaaS product. Believe me, you are on the right track.

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Buddha Community

What is SaaS product | SpdLoad

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The Main Thing That Has To Be Taken Seriously With Saas Apps Is Security

As Cloud software is getting popular, the danger of them getting attacked is increasing too. Companies who were previously using traditional on-premise software solutions are shifting to SaaS.

This makes it important for companies that develop SaaS products for enterprises to focus on security.

SaaS apps need to be safe because they contain a lot of sensitive and confidential data and if it is leaked it can create big problems.

This is not just a problem for the client enterprise but also for the SaaS development company as their image will be tarnished.

In this article, there are all the main things that developers can focus on to develop secure SaaS apps.

This is not an option but a necessity for all the development companies. There are so many hackers and even if companies use different methods to block un-authorized activities, they find some way.

SaaS is one of the best choices for enterprise software development needs to be the safest.Now, as the technology is developing, the methods of securing the apps are improving as well.

Earlier there were basic methods like securing the firewall and all but now the measures have increased as well.

What Are The Threats To The SaaS Apps

Before fixing all the security issues, Saas developers need to know what are the threats that they have to deal with. Having clarity of the things that need to be done makes the work easy.

More than half of the work is done when developers or testers are able to find out all the potential threats to the SaaS apps.

Below are some threats that are faced by most of the cloud-based applications and it is important to find and fix them.

  • Breach To Capture Data
  • Change In Controls And Configurations
  • Weak Architecture In Cloud Application Development
  • Loopholes in authorization policies
  • Insider Threats
  • Hijacking Accounts
  • Weak Control Panel
  • Limited Visibility Of Cloud And Its Usage
  • Cloud Services Abuse And Misuse
  • Insecure API’s And Interfaces

All the aspects mentioned above are there in the top tier of the threat list. These are common and dangerous.

There can be many other threats that developers need to find by doing proper research. Risks and threats differentiate with the nature of the application.

The category of the application also changes how the application can be vulnerable.

What Are The Best Practices That Can Protect Your SaaS Application

There are some practices that development companies can apply to increase the security of the developed applications.

After knowing the risks the team of SaaS developers can figure out the activities that they need to do to tackle them.

The applications that are hosted on the cloud are vulnerable to a lot of threats and those threats need to be tackled with care and precision.

Below are the practices that they can follow to ensure that the apps are safe and the enterprises or the owners stay satisfied:

  1. Keep A Checklist To Review Security
  2. Educate And Train The Employees
  3. Educate The Customers About The Risks
  4. Created Policies For Storing And Deleting Data
  5. Protecting The Data That Is Sensitive

1.Keep A Checklist To Review Security

Make a checklist that ensures that all departments and parts of the apps are safe. There are many vertices in an organization that might be using this application and it is important to keep all of them in check.

All of this ensures that everything that is done is done according to the security measures.

There should be a record that says who is authorized and at what level. Any changes to these should also be recorded to find inconsistencies in the network if some problem occurs.

The list of the review can change according to the organizations, the application in use, and other factors.

2.Educate And Train The Employees

Provide training to the employees so they know the basics and some important concepts of security. This is important so they can know what are the problems and how to handle them.

It is not only the job of a SaaS development employee or security personnel to make sure if everything in the network is fine.

The security of the applications also depends on the people who use it. Teach the employees how they need to use the app, what they should share, how much they can get inside.

All this will keep them aware of how their data and authority can be misused if they reveal it to anyone. There should be workshops to let them know about the risks that are there.

3.Educate The Customers About The Risks

The customers who will use the application should also be told about all the risks. They must be told about how they should access their accounts, what they should believe, what they should report.

These might look small but these things have a great impact on people. There are companies who have started special workshops just so their customers are aware of security threats and they can keep themselves safe.

This should be done by all the companies that are using mobile application development services.

4.Created Policies For Storing And Deleting Data

There should be properly made policies that state how the data will be stored on the application and in what situations it will be deleted.

This is something that should be done for both, companies and customers. This keeps clarity between the customers and the organization and also keeps the data managed in the servers.

5.Protecting The Data That Is Sensitive

Companies have data that is confidential and sensitive on their applications and if that gets leaked or damaged they might have to face great losses.

They need to protect the data from the attacks that hackers do. There are various methods to do that.

SaaS development needs to be secure so that the data stays safe from all possible threats.

Conclusion

Custom software development is not as easy and as smooth as people think. There are many issues related to security and the architecture that have to be managed.

The world is full of risks and they increase more when an organization is on the internet.

Cloud computing is one of the fastest-growing technologies and SaaS software is taking place of traditional software in many sectors. This can be only maintained when the apps are secure and reliable.

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