At Enable, we’re passionate about the SaaS space having launched our rebate management software back in 2014. Since then, SaaS has been growing at rapid rates and we believe there is so much potential for companies open to the opportunity of moving to a SaaS model.
Being hosted, maintained and updated by a third-party provider in the cloud and made available to organizations or individuals to be accessed via a web browser, companies can get running with minimal time. The SaaS model also allows employees to communicate and collaborate in a consistent way and is often well known for its reliability, accessibility and cost-effectiveness.
SaaS models have been magnified by the pandemic, with an increase in remote working. A recent PwC report outlines the implications of the past year for tech adoption: “COVID-19 has acted as a catalyst for trends we expected to see later in the future. As a result, many companies are shifting to remote work for the longer term and need to pivot to SaaS-based offerings.”
Below you will find the most important statistics to help you understand where the SaaS industry currently stands and where it’s heading in the future.
If you want to learn more about the SaaS market take a look at this article our CEO has written for Forbes:
What To Expect From The Rapidly Growing (And Evolving) Software As A Service Market In 2021