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February 17, 2022
Software as a Service has snowballed over the past few years. The induction and widespread use of cloud solutions and the implementation of modern software development and integration techniques have allowed organizations to scale at an unprecedented rate.
The use of cloud architecture platforms has enabled digital solution providers worldwide to build state-of-the-art systems by leveraging the capacities of modern technology.
Recently, the use of cloud services and products has increased, and COVID-19 has a part in it. The access to vital products and services remotely presented the masses with convenience, and now, there is no looking back. The avenues to build a SaaS business have significantly increased.
SaaS offers a number of advantages and benefits but before we learn more about that, let’s know what SaaS is and how it can be useful for any modern business.
What is SaaS & Why Everyone is Talking About It?
SaaS, also known as Software as a Service, is a cloud-enabled software distribution model. The model allows the service providers to host their applications on cloud platforms while ensuring their availability to the users anywhere.
If you want to host a SaaS application, it is not necessary for you to own the cloud platform. Any cloud platform, including IBM, Google, Amazon, or others, can be used to make the applications available for the audience.
SaaS is often confused with PaaS (Platform as a Service) and IaaS (Infrastructure as a Service). While the latter two platforms also leverage the cloud features of cloud technology, they differ in usage and functionality. Still, SaaS product ideas are the talk of the town.
Over the past few years, SaaS has become a buzzword, especially in the technology realm.
The emphasis on speed, efficiency, and growth has grown immensely, and SaaS happens to be a perfect ingredient for the recipe. SaaS products are everywhere – the reason is that it offers an excellent opportunity for the companies to build, deploy and multiply their resources with minimal efforts.
This has made many people question how to build a SaaS product, and the search for SaaS business ideas is a hot topic in the development and entrepreneurial circles.
How Does SaaS Work?
Before we tell you the top SaaS startup ideas for 2022, it is essential to know how SaaS actually works. Let’s find out.
Software as a Service or SaaS works in a slightly unique manner. A SaaS company hosts a program or application online using a cloud architecture. All of its functionalities and features are made available for the users on a subscription basis. The charges can obviously be paid through various plans offered.
You might be getting the idea that a SaaS business is similar to having a product being rented out hosted on a regular server, which is not entirely the case.
Similar to many profitable SaaS ideas in the market, any company that provides you their application offers you complete services for a smooth user experience. These may include the maintenance of records, servers, and any additional automation or pertinent features that are in your package.
The price you pay for the SaaS business services depends upon the types of SaaS offerings and other relevant features. Additional variables include but are not limited to the number of users, features in use, support and maintenance services and their scale, storage amount/amount of data stored or used.
Recommended Read: Are Cloud Applications the Future of Business?
Types of SaaS Companies
Prior to knowing the top SaaS examples for the most profitable SaaS ideas for products, let’s first have a look at the types of SaaS companies.
- B2B SaaS
- SaaS Software Startups (CRM-Based)
- Platform as a Service Companies
- Micro SaaS Startups
- Blockchain as a Services
- AI-Based Services
As we move further, more and more channels come before us, making us aware of the advanced usage of SaaS technologies. The implementation of SaaS ideas in wide-ranging domains has allowed companies to expand their field of view, now covering a number of industries comprehensively.
What are the top SaaS ideas for great future products?
Profitable SaaS ideas have emerged in abundance. The stay-home option around the globe has enabled SaaS businesses and companies to launch refined and better SaaS products.
Whether you are looking for B2B SaaS ideas for or some other software startup ideas, our recently compiled list will help you build an understanding of where the world is heading.
1. Content Creation & Planning
These days, content plays a crucial role in maintaining and uplifting a brand’s reputation. With that said, planning content guidelines, curating topics, creating a compelling user journey remains a challenge for many.
Modern SaaS product ideas are examples of efficient products that help users manage their day-to-day tasks and reap the most benefits from these profitable SaaS ideas. The hassle of managing and creating content and its planning gets eased a lot.
Examples of SaaS Software Solutions: Pipedrive, Zendesk
2. Training & Learning
Since the pandemic, online learning and training efforts around the globe have exponentially increased. From online lectures to certifications and degrees – SaaS ideas have really opened new doors for everyone to continue on their quests.
Organizations worldwide have shifted to these online platforms for the purpose of training and development of skills of their employees, and the usability of these platforms has since increased. The value addition, but these platforms have also been helpful in many regards.
Examples of SaaS Software Solutions: MS Teams, Mobilize, Hivebrite
3. Video Services
Pandemic has caused the masses to consume more and more video content, and the demand for exquisite video conferencing, training, and other rendering services has increased by far. It is indeed one of the profitable SaaS ideas that you could use for a software startup.
Earlier, this section mainly covered the services for enterprise organizations for their in-house training, development, conferencing, and other needs, but since the pandemic, video rendering services have scaled and are now part of the routine life of many.
Examples of SaaS Software Solutions: Magisto, Veed, Keyshot, Videezy
4. Marketing Automation
Marketing has always been challenging most of the time. From the industrial revolution till now, marketers have always been posed with novel hurdles. However, SaaS product ideas have enabled them to utilize marketing automation services to scale their efforts.
These products are examples of great B2B SaaS ideas as well as for B2C and offer convenient solutions, including strategic marketing insights, funnel streamlining, tracking various marketing campaigns, and much more.
Examples of SaaS Software Solutions: Infobip, Zoho, Hubspot
5. Tele-Medicine Services
E-Healthcare has been a problem for many for a number of years, and SaaS software startup ideas have changed it a lot. It has brought good for medical personnel and support staff in various ways.
The accessibility to manage patients and monitor their vitals is great leverage for medical practitioners. Multiple types of SaaS products in the healthcare or telehealthcare domain have virtually erased the distance between a doctor and a patient.
It is now super-easy and convenient to access all the services through a computer or a mobile app from anyone.
Examples of SaaS Software Solutions: Teladoc, LiveHealth, BetterHelp, PlushCare
6. Social Media Management
If you care about your brand’s reputation, you must not be skipping its social media strategy. But the number of social media platforms today makes it challenging for everyone to manage all of them manually. That is where these SaaS ideas come into play.
There are a number of platforms that offer comprehensive coverage of several social media platforms. From planning to development to execution of the strategic campaigns, they offer it all.
Any new SaaS business startup has social media as their priority, and these platforms can help with B2B SaaS ideas and help optimize the campaigns to generate better results and an eye for improved outcomes.
Examples of SaaS Software Solutions: Hootsuite, Loomly, Semrush, Zoho Social
7. Project Planning & Management
Project management and planning have emerged as one of the most looked-after categories for the past few years. The emphasis on efficient project management solutions and techniques makes it easier for individuals to achieve their targets better and meet requirements.
Various management and project planning tools are used these days to improve the project completion rate and ameliorate productivity. These tools are used in multiple industries including, software, design, networking, events planning, and management, construction, and more.
Examples of SaaS Software Solutions: Asana, Jira, ProofHub, Teamwork
8. CRM Solutions
CRM or customer relationship management solutions have existed for decades and have evolved as per the shifting requirements. Today, a number of SaaS examples of CRM software are available on the market that is equipped with modern features to assist companies and customers alike.
The demand for CRM-based services is increasing with every passing day. They offer the convenience to manage all the jobs and help track all the tasks and objectives efficiently. There are quite a few CRM SaaS examples in the market that have widespread use.
Examples of SaaS Software Solutions: Zendesk, Agile CRM, Zoho CRM, SugarCRM
Why There is a Need for More SaaS Ideas?
SaaS Ideas are the future, and there are multiple reasons. Companies and organizations around the globe are building or counting on these profitable SaaS ideas.
If you are looking to hunt for SaaS startup ideas to build a sustainable SaaS business, you need to follow the undermentioned steps to find the right path to building a SaaS product.
1. Discover who you are
Every individual differs from every other. Each person has a skill that needs to be correctly projected. The first step towards your profitable SaaS ideas is to discover what your core skills are what do you find yourself to be comfortable with.
SaaS is a new expanding domain. You need to know how you can utilize your core skill to leverage your SaaS business ideas and move forward with them in a seamless manner. All you have to do is dig deep, research strong and make yourself a solid case.
2. Identify business gaps
As I said earlier, SaaS software startup ideas are still new, and there is every chance that you can identify possible business gaps if you dedicate enough time. The key is to closely look at the processes of these systems and note where you can improve them to make them efficient.
Assess the audience, know what you can, and it will add value to the life of the end-users because, in the end, it is all about value addition. You must identify multiple avenues that you can exploit have an idea of yourself. Finding such gaps and loopholes is not very hard.
3. Observe silent changes
There are always a few changes and improvements happening, sometimes aloud, primarily subtle. These changes are often implied due to some business process optimization or to achieve some short-term or long-term goal.
These are also done to improve the overall user experience of the SaaS solution so that the end-users don’t find the UI/UX too complex to deal with. In today’s competitive market, a system is always, and hence these silent changes become inevitable.
4. Formulate your idea
If you have followed the previous steps and documented any significant changes, you must have collected enough knowledge and insights to create an idea of your own. No idea is inherently unique but rather an amalgamation of different concepts, theories, and improvements put together.
Now, with a little more effort and research, you can form an idea of your own. SaaS startup ideas are not very easy to come by, but if you run through the steps, you will eventually achieve the feat. For that, you might also want to have a look at types of SaaS products and companies.
Why Are SaaS Ideas Better Than Others?
There are a few reasons that could be useful during your SaaS ideas 2022 journey. Let’s quickly have a look at some of the advantages of SaaS product ideas over others.
1. Demand beyond boundaries
If you are thinking of SaaS startup ideas, you should know that the demand for such services goes beyond boundaries. No matter where you are based in the world, if your SaaS solution has the potential, companies would want it.
2. Easy to maintain
SaaS is a cloud-based solution and has a very easy to maintain outlook. Cloud architecture itself is very different from legacy solutions and platforms. With SaaS business solution, you have the ease to sit back relax while our teams manage everything for you.
3. Stable revenue model
Any organization’s stability is dependent on multiple factors, and one of them is revenue. SaaS business ideas usually have a recurring payment model, which is widely considered as stable. Companies with this recurring payment schedule stay ahead of others.
4. Low-cost development
If you are the one for cost reduction, SaaS software ideas are your thing. From conventional systems, SaaS examples are generally low cost – both in the long- and short-term models and only have an early development cost.
5. Fast, efficient solutions
Cloud solutions are fast – so are SaaS business and other relevant solutions. In times of great competition, speedy processing and quick results add to your efficiency and take you leaps ahead of your competitors.
6. Scalability options
All modern systems are built to scale, at least in the initial phases. But not all systems allow you the room for scalability, but SaaS ideas generally allow you all the space that you need to scale the system and expand the effective area.
Conclusion
We are living in a time where technology dependence is imperative to excel. The immense competition has enabled modern organizations and companies to resort to solutions that deliver the most quality to them.
SaaS business idea is one such solution that offers companies and organizations worldwide with quick, efficient, and scalable solutions for various domains. SaaS startup ideas provide you the leverage to grow, and SaaS product seems to be the inevitable future.
If you think you have SaaS ideas in your mind, feel free to contact SaaS product development and app development experts TekRevol. We are a team of professionals, always on guard to provide industry-leading services for all your SaaS development needs.
