According to a study by Ernst & Young Global Limited (EY) and Confederation of Indian Industry (CII) titled "India: The next global SaaS capital", India is poised to become the next SaaS capital over the next few years. In light of this, highlight the advantages and limitations of SaaS?
Answer: India has 18 SaaS unicorn compared to one in 2018 making India third largest SaaS ecosystem globally, after USA and China.
Software as a Service (SaaS) is software licensing and delivery model in which third-party provider builds applications on cloud infrastructure and makes them available to customers via the internet. For example, Outlook, Hotmail or Yahoo! Mail, etc.
Advantages of SaaS
- Generally subscription-based with flexibility to change subscriptions as and when needed and no up-front licence fees resulting in lower initial costs.
- Application is already installed and configured in cloud, minimizing common delays resulting from traditional software deployment.
- Easily upgraded ....
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