As businesses hunt for viable platforms to manage assets better, Software-as-a-Service (SaaS) provides viable and purposeful solutions to keep overhead costs in check and scale up efficiently.
SaaS is a rapidly growing industry with cloud-based computing and state-of-the-art technology that has digitized several business processes. Gartner reports that the global end-user spending on SaaS will likely reach $597.3 billion in 2023 from $491 billion in 2022.
SaaS is changing the way businesses use software, especially for asset management. Businesses now have access to a complete suite of tools that helps streamline their processes through enhanced efficiency and easy access to the software’s functionality. [Read more…] about 4 Ways SaaS Products Have Changed the Technological Landscape of Asset Management