5 use cases for SaaS to optimize costs and data protection

5 use cases for SaaS to optimize costs and data protection

SaaS or software as a service consists of a centrally hosted piece of software in the cloud. Businesses can then buy licensed subscriptions to the software and access it via the internet. Essentially SaaS is software that can be used daily, accessed over the internet, and hosted in the cloud.

With SaaS, you can gain access to the essential platforms that your business runs on, including management and communication tools. This comes at the unprecedented speed at any location with internet connectivity. Businesses with distant office branches or even remote employees can access the critical software quickly and easily. This improves work efficiency.

Here are the top 5 SaaS use cases.

1. Big Data Analytics

Big Data Analytics

Big Data has created havoc in the business world. Big Data organizations like Amazon and Facebook collect information on consumer buying trends, preferences and analyzing the data to predict the future trends and grow their businesses. Companies today are collecting and understanding big data to make huge decisions on sales, marketing, and more. When it comes to storing, and  analyzing data, SaaS and cloud are powerful tools.

2. Hybrid Cloud

Hybrid Cloud

Though the cloud might seem ambiguous, it is essentially someone else’s computer. Companies can host data in three different types of cloud environments – private, public, and hybrid. Choosing which cloud solution is the best depends on your company size. Usually, larger companies with bigger budgets opt for a private or hybrid solution. Similarly, smaller and mid-sized businesses opt for a public cloud as it a cost-effective solution to hosting data.

3. Infrastructure as a Service or IaaS

Infrastructure as a Service or IaaS

There are a lot of efforts and costs that go into building and maintaining infrastructure. There are hardware costs, space, electricity, overhead to build and maintain it, etc. Building such a data center can cost a business millions of dollars. Therefore, businesses are opting to forego capital expenditures in favor of operational expenditures and host data in service provider-run data centers. This enables companies to avoid costly infrastructure investments and easily access their data via the cloud.

4. Disaster Recovery as a Service (DRaaS)

Disaster Recovery as a Service (DRaaS)

One of the core use cases is disaster recovery which is critical to any business. With downtime, companies can lose time and money. DRaaS ensures that your business can quickly recover and get back online in the event of a disaster. Failover is quick and does not really require you to build and maintain infrastructure.

5. Backup as a Service (BaaS)

Backup as a Service (BaaS)

One of the easiest ways to start moving towards SaaS and cloud is to invest in a backup solution. Following the 3-2-1 rule (having three copies on two different media files and one offsite) is the best way to know that your data is safe and secure. Restoring data from the cloud is fast and can help companies avoid catastrophic data loss.

Conclusion

SaaS can save businesses money. There is no requirement to physically deploy software on your server or computer. You don’t even need to update software anymore since the software provider is responsible for updates and not your IT team. Most businesses also work on a ‘pay-as-you-go’ model that enables them to easily provision for extra user licenses and monthly budget expenses.

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