What is a SaaS Application and How to Build It?
SaaS stands for Software as a Service which is a modern business model over traditional software licensing purchasing. It eliminates the selling of programs with lifetime licenses. Instead of it, companies use a subscription model to market their software as a service.
There is no need for the physical installation of such apps on a user’s computer. Instead, these apps are hosted in the cloud.
Benefits of SaaS products:
The benefits of SaaS can be divided into two categories. One is on the user and another one is on the App owner.
After that, the aspect will create a new project with an empty view to begin.
Benefits of SaaS for users:
The user interface will have the following different sections: You need to follow these sections for creating react reusable components.
- Accessibility: You can access cloud-based apps from anywhere. However, there is a need for a stable internet connection.
- Scalability: Users can upgrade their plan in a few clicks if the requirements increase.
- Reliability: A cloud is in the form of a network of servers which is located around the world.
- Scalability: Users can upgrade the plan in a few clicks according to the requirements.
Benefits of SaaS application:
Attracting a large customer base: Most businesses now want to switch to SaaS applications. There will be a good chance to attract a large number of audiences. The cost-efficient monthly subscription will make the business affordable for the limited budget.
Entering a growing market: The SaaS market is growing to its full potential. It will also increase in the coming years.
Regular and long-lasting revenue: SaaS developers gain a relatively stable source of revenue in the form of subscriptions.
SaaS Application Types:
There are two types of SaaS applications: One is B2B and another one is B2C.
B2B SaaS applications Examples:
Project management tool:
The best examples in this category are Trello and Jira. Both the project management tools are popular worldwide.
Marketing is the right power to bring clients to the business. Marketing analytics tools and social media marketing allow professionals to analyze performance.
B2C SaaS applications Examples:
An American streaming service provides a way to watch movies and TV shows. Another popular streaming service is Spotify. With a Spotify subscription, users can access thousands of songs instead of buying individual albums.
There are a lot of online learning apps that adopt SaaS models for selling their services. There are two plans to choose from. One is free and another one is a Plus. A plus subscription offers extended functionality like unlimited access and ad-free content.
How to develop a SaaS Application?
Proper planning is the basic need to make a successful app. Besides the right technology, it is also important to research the market, define the aim of the app and consider the main feature. The whole responsibility of the planning is on the stakeholder.
Once you are done with planning, it’s now time to structure your plans for SaaS app development. There are several meetings set up to learn the project details. Some of them are as follows:
- Software requirements specification (SRS): It reflects all the requirements for the cloud app. It also describes the SaaS app features.
- Feature breakdown list: This table will contain all the features that you want to make to the SaaS platform.
- Risk assessment and mitigation plan: This is the prediction of all those risks that you might experience in the cloud-based SaaS app development.
- Cost estimate: This table contains the budget you want to spend on SaaS app development.
Deciding an interface is important in the building of a SaaS app. This helps in meeting the needs of your target audience. It’s important to think about the user experience and user interface.
SaaS apps always work on both mobile devices and computers. Any UI/UX specialist can prepare the designs.
It’s a software architecture that meets the technical requirements of stakeholders. SaaS architecture is a cloud-based system that stores the database in the cloud instead of physical servers. AWS is the most popular solution for building cloud-based architecture.
Development and testing:
The SaaS developers work on the front and back end of the application. The quality assurance specialist checks all the pieces of functionality during the testing.
The SaaS developer always starts with MVP before building the whole application. You can gather feedback from the first adopter after launching the first application. It helps in identifying how much improvement is needed and in which feature.
App Maintenance and further development:
It’s crucial to focus on the performance of the MVP. In this step, there is a need to gather feedback and analyze the improvement areas. You can also determine the new functionalities for the users. Here, SaaS developers can help you.
What are the SaaS development costs?
The development cost depends on the product’s complexity, features and integration with other services.
It also depends on the country from which you hire dedicated developers. It will define the quality and price of the product. The developer’s charges depend on the specific country to which the developer belongs.
Developers from Asian or South American regions may charge $15 to $70 per hour. On the other hand, developers from America and Canada may charge between $150 and $250 per hour.