By 2025, more than 80% of CRM tools will be deployed as Software as a Service. And that means huge potential for businesses investing in SaaS development.
By working with experienced software product developers, you can solve some of the biggest problems holding your business back today. Here’s how:
Grow your bottom line
Once you’ve created a software product, you can license it and allow clients to use it as SaaS. While you’ve paid for the upfront cost of the software, you can then enjoy earnings that are much greater than your initial investment- provided you market your SaaS effectively.
One of the reasons why many business owners hesitate to invest in a software product is because they think it’ll be too expensive. While the cost may seem high in the short-term, the software will pay for itself within just a few years. Investing in your business in the short-term will allow you to save money in the long term.
Attract more customers
One of the biggest reasons why B2B businesses develop SaaS is because they’re unable to find a solution that meets their exact needs. By developing the product yourself, you’re likely to be solving problems that other businesses also have- growing your market share.
Investing in the development of a software product also opens up new revenue streams, both now and in the future. You may be surprised at just how much your business model may change and evolve, leading to greater business growth within a few years.
Own your asset
Paying to use another company’s SaaS is comparative to renting a home and paying off someone else’s mortgage.
If you’re paying monthly subscriptions for your current software, it often makes more sense to own your own software. It then becomes a business asset which gives you many possibilities for SAAS functions.
If you’re thinking about developing a software product, it’s important to choose an experienced and well-respected software company. You need a developer who will give it to you straight and will keep the needs of your business in mind before making any recommendations.
Luckily, Intergy is a software company that’s well-known for providing expert advice. If you’d like to talk about some of your options and learn how we can help solve your biggest problems, get in touch today.