SaaS, or Software as a Service, is a means for individuals to access software from their internet browser as opposed to having to download a program, send/receive updated working files, or tap into a company’s infrastructure.
SaaS is subscription-based and allows for greater accessibility, flexibility, scalability, and can increase collaboration amongst often siloed teams.
There are many key benefits to Software as a Service, including accessibility. With SaaS, workers can access what they need anywhere, from any device. It’s only a matter of finding a web browser. SaaS also allows individuals to work on the same project at the same time as there is no need to have to save a file or upload it somewhere for the next iteration. Users are always working on the latest version.
There are often perceived disadvantages of SaaS, however, with the level of security and openness available with Xcelerator as a Service, it offers far more advantages, ensuring greater levels of collaboration, customization, and cost-effectiveness.
Protection of IP is critical, which is why there are several ways that companies are maintaining their IP securely while allowing outside vendors access to critical documents.
The difference between SaaS and cloud computing is mostly about maintenance, performance, and security. Cloud computing allows access to files and documents via the cloud, ensuring users can access the material when needed. It is controlled internally by the company. A SaaS model is similar but the organization subscribes to the service. They can access their information from anywhere with an internet connection and the SaaS provider is responsible for security, performance, and maintenance.
Xcelerator as a Service (XaaS) allows for scalability. Customers can scale as needed to meet their needs. There are high levels of security and easier integration amongst engineering domains. Unlike Cloud Computing, the company can scale as needed and allow or remove access quickly.
SaaS is secure. Users must receive permission and have access granted to them. Because XaaS is scalable, this means the owner of the project can provide access only when needed and to the necessary parties. Instead of granting access to everything for a team or supplier to work on, SaaS can ensure IP protection by only allowing the right access to the right people at the right time.
The difference between horizontal SaaS and vertical SaaS is the intention behind the software as a service.
Horizontal SaaS covers a wide number of industries. XaaS is considered a horizontal SaaS as its breadth and depth make it accessible to industries such as automotive, aerospace, medical device and pharmaceutical, consumer products and retail, energy and utilities, and more.
Vertical SaaS is software as a service designed for a niche or specific industry. Examples may include a SaaS offering specifically for dentist offices or restaurant management.