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Category Archives: cloud

growth in saas

Growth in SaaS

Today, we are taking a look at the state of Saas (Software-as-a-Service). Specifically, we’ll explain the recent growth in SaaS industry. We’ll address:

  • The reasons why SaaS is growing
  • What the benefits of SaaS for your company are
  • The latest Saas industry trends
  • The future of SaaS in the next few years.

Let’s begin!

Why is SaaS growing?

The number and type of users of SaaS products have increased rapidly. Companies of all shapes and sizes see SaaS as an affordable, agile and modern solution for their digital transformation. But let’s get into more detail and examine some of the main reasons why that’s happening:

saas market trends

Security and reliability

Having your own server handling your customer’s valuable data requires a huge investment, especially if you want it to be reliable. An easy way to ensure the security, reliability and efficiency of those systems is to use outside services like Amazon AWS or Microsoft Azure cloud.

Subscription-based pricing model

The subscription-based pricing model of SaaS solutions is also rapidly changing the way companies consume software. It takes a lot less upfront capital to subscribe to a SaaS product than to purchase on-premise software or a license to use it. It’s also more sensible especially for smaller businesses to pay a monthly fee, which opens up the SaaS market to greater demand and growth.

Multiple SaaS solutions

A single SaaS solution is not enough for large-scale projects. But luckily, companies can integrate this type of software with APIs, for example.

Multiple SaaS solutions can then provide users with a diverse set of resources to address different demands. As a result, organizations effectively get access to the necessary features and functionality for the end-user. But that also means businesses are now using more than one software solution, which is additionally raising the rate of growth of the SaaS industry.

SaaS Industry Trends

Now, let’s take a look at some of the biggest trends in the SaaS industry at the moment:

Artificial Intelligence and Machine Learning

Businesses are learning that having AI to analyze data can free their staff up to spend more time with customers. SaaS combined with AI capabilities enables these companies to get better value from their data, but also to automate and personalize their services, and improve overall security.

Machine learning is another fast-growing trend. Netflix’ personalized content suggestions are a prime example of machine learning in SaaS-type models. And these innovations are just the beginning.

machine learning netflix saas

Vertical SaaS

Vertical SaaS providers offer the possibility of adapting features according to the demand of your company or industry. Vertical SaaS provides more flexibility and upselling opportunities, while effectively addressing customer needs. Examples of vertical SaaS include healthcare analytics software and modern logistics analytics.

Data security

Moving processes to the cloud comes with new security concerns. That’s why SaaS is focusing more on data security and protection, and cybersecurity in general. We’ll see this trend grow in the next few years as there will be more SaaS companies exclusively built around the need to ensure data security, privacy, and protection.

Cloud Growth: SaaS vs other cloud services

Cloud services are probably the brightest part of the future of SaaS. Despite all of the disruptions in the last few years, the growth of the SaaS industry remains steady thanks to cloud computing.

The recent anti-COVID-19 measures like social distancing, for example, were only possible thanks to cloud technology which allowed businesses to adapt to a new remote environment.

But all SaaS solutions are cloud-enabled systems. This means businesses can use the cloud to expand the functionality of their systems and extend it far beyond the initial offer.

Future trends in cloud computing

Growing worldwide public cloud spending

Organizations dominating the enterprise software world —such as IBM, Oracle, Microsoft — will likely maintain their market share for enterprise software products because the number of customers using SaaS is growing. Gartner expects worldwide public cloud spending by end-users to grow to $304.9 billion by 2021.

future trends in cloud computing

Multi-Cloud And Joint Cloud

This year we’ll see the beginnings of multi-cloud and joint provider cloud offerings, as providers realize they can partner up to accelerate launches, according to Park. The Oracle-Microsoft interconnect relationship that started in June of 2019 is an example of a relationship that could be expanded, said Young.

Serverless Cloud

According to Derek Swanson, going serverless is the next evolution of application architecture. He noted that the serverless interface on the cloud will become the interface developers interact with the most in the next few years.

What’s the future of cloud computing?

Since companies are finding new ways to organize, process, and present data, we can expect cloud computing to become an integral part of our lives.

“The future of cloud computing will most likely represent a combination of cloud-based software products and on-premises compute to create a hybrid IT solution that balances the scalability and flexibility associated with cloud and the security and control of a private data center.’’, said Michael Corrado, from Hewlett Packard Enterprise.

If you already use SaaS solutions to automate your business operations and processes, managed services can help you further streamline your architecture and its usability.

Please contact us or visit Demakis Technologies to see how we can help you optimize your digital transformation and raise the efficiency of your tech architecture.

Multi-Cloud Strategies And Ways To Counter Any Issues

Multi-Cloud Strategies And Ways To Counter Any Issues

What are some Cloud strategy elements? 

For the growth of any business company, IT systems need to work together with them to protect their data and keep other digital systems safe and sound. Cloud computing in IT systems nowadays is very important as it is on-demand and helps to protect data and storage as cloud storage and provides computing power without direct management by the user. Today, we’re going to learn about different topics related to cloud computing like cloud strategies, hybrid cloud, cloud threats, and cloud security.  

The Environment in a Cloud System  

Multi-Cloud Strategies

Cloud environment in cloud systems is used to reduce costs as it is different from the typical equipment purchase. In the normal cloud world, the IT equipment is always purchased ahead of time and is purchased by the organization’s capital budget, but in a cloud environment, the organization only needs to pay for the service. The cost of the equipment will be cut from the operational budget provided by the organization, which saves money.  

Magic Quadrant: Magic quadrant for cloud is a series of market research reports published by a firm called Gartner.  

Architecture in Cloud  

A multi-cloud architecture is an environment where business organizations can build a secure cloud atmosphere different from the normal cloud atmosphere.   

Multi-cloud and Cloud Strategy   

The main intent of the multi-cloud strategy is to use as many clouds as required to limit the use of one cloud from a single provider.  

The cloud strategies are an outline for enhancing the role of a cloud in an organization or company rather than moving everything to the cloud. Many organizations lack cloud strategies but it is projected that 70% of them will have these strategies in place by 2022.  

The key cloud strategy goals are: 

  1. To understand the availability implications 
  2. To understand the governance of your data  
  3. To understand the management impact  
  4. To understand the goals of the government  
  5. To check the number of clouds and understand them  

Digital Enterprise strategy  

Multi-Cloud Strategies Counter Any Issues

Enterprise cloud strategy is a digital model where business organizations can access virtualized IT resources from any public or private cloud service provider on a pay-per-use basis. The resources can consist of networking infrastructure, data storage, or servers. The enterprise cloud strategy helps business organizations with flexibility, reducing costs, and increasing network security.  One big enterprise cloud strategy example is Netflix which took almost 6 to 7 years to transform its applications and move to microservices.  

Hybrid Cloud vs. Multi-Cloud  

An organization with a multi-cloud solution always uses multiple public cloud services from different providers. The different clouds can be used to provide the best service to the company and also include the multi-use operational approach.  

Some of you may ask, “What is a hybrid multi-cloud?” and “how is it different from multi-cloud solutions”? Hybrid multi-cloud combines both public and private clouds to obtain the best service to the organization. The components of a hybrid multi-cloud always work together which is different from the multi-cloud model.  

Machine learning 

A multi-cloud is an environment where an organization uses more than one cloud service to deliver special information. A multi-cloud can easily access intelligent capabilities without advanced skills in artificial intelligence (AI). Cloud companies like AWS and Google cloud offer many options for machine learning multi-cloud that do not require the knowledge of AI nor a team for data scientists.  

The benefits of machine learning are: 

  1. The cloud pay-per-use method is very good for AI or machine workloads, as you can manage the speed and power of GPUs.  
  2. Many machine learning engines give the opportunity to write codes using python and TensorFlow libraries.  
  3. The cloud machine learning makes it easy for the organizations to work and explore machine learning as projects get piled up and the demand increases.  

Risks and threats in the cloud  

As cloud systems provide so much security and protection of data digitally, it also has multi-cloud threats that can harm the company any time. Some of the multi-cloud threats are:  

  • Workload freshness  
  • Monitoring multi-cloud  
  • Authentication  
  • Authorization 

Security patches in the cloud  

To counter any risks in digital cloud systems, multi-cloud security should also be provided with it. Some multi-cloud security measures that can be taken are:  

  • Your cloud environments should be under control  
  • Use API software developer Axway as a software to provide security  
  • Minimize reliability and redundancy  
  • Avoid vendor lock-in  

SaaS security information 

Multi-Cloud Strategies Counter Issues

The increasing demand for a software-as-a-service (SaaS) application in business organizations has led to the development of best service practices that help SaaS security to protect the property.  

To minimize risks the following are the SaaS security best practices:  

  • Implement SaaS security controls  
  • Keep up with the development of tech 
  • Balance risks and productivity 

Conclusion

Today we learned all about cloud systems including cloud strategies, hybrid multi-cloud, multi-cloud threats, and multi-cloud security.  

If you’d like more information on the best practices guide to Multi-Cloud, contact us here at Demakis Technologies!