Despite the popularity of cloud computing, many established companies are still using their old-school, on-premise technologies. Unfortunately, those aging systems are draining your company’s resources and devouring your IT budget.
This is why more and more companies are migrating to the cloud and adopting Software-as-a-Service (SaaS) solutions. SaaS technologies are hosted remotely by the vendor and all IT maintenance is handled by the service provider. This hands-off approach to managing software provides many advantages over on-premise systems.
In this post, VTEX will walk you through five benefits of SaaS technology.
1. Quick to deploy
With traditional software, you are responsible for deploying the system. To run a standard application, you must install the software on all your local servers and computers. Installing and configuring software on dozens or even hundreds of on-premise systems can take weeks to complete, leading to prolonged implementation time.
One of the top benefits of SaaS products is their ability to be deployed rapidly. Since they are hosted on remote servers, SaaS applications like the VTEX Commerce Platform have already been installed and configured. An internet connection, browser and login information are all you need to access our cloud commerce ecosystem, cutting deployment time to a few hours.
2. Lower overhead costs
The low-cost benefit of cloud-based applications is contributing to the growing importance of SaaS technologies. Deploying on-premise software demands huge capital investment and high operating costs. From acquiring sufficient storage space and buying expensive equipment to maintaining an internal IT team, self-hosted software eats a large chunk of your business profits.
Eliminating the upfront costs of building an IT infrastructure and reducing operating expenses are measurable benefits of SaaS products. As SaaS providers are responsible for building and managing the IT infrastructure, adopting SaaS solutions can reduce your IT expenses by 20%.
3. More accessible
Self-hosted software offers limited accessibility. Traditional applications must be installed on local hardware to be deployed, so you can only use them on the computers on which they are downloaded. This prevents your employees from accessing self-hosted business applications on their personal devices or off-site locations.
A popular characteristic and benefit of SaaS technologies like VTEX are their unparalleled accessibility. Using an internet connection and browser, you can gain instant access to our cloud commerce ecosystem from any device or location. With remote work and bring-your-own-device (BYOD) trends on the rise, SaaS applications can increase employee satisfaction and business productivity.
4. Less IT trouble
Running on-premise software makes you responsible for hardware upgrades, software updates and data backups. You’re probably already familiar with how time-consuming routine backups and regular updates can be. Besides wasting valuable time, software update problems and data recovery issues can disrupt business operations, costing you significant revenue.
Another benefit of SaaS solutions is that the service provider does all the IT work for you. Your SaaS vendor will manage all the hardware/software upgrades and perform routine data backups to relieve you of these painstaking responsibilities. Along with ensuring uninterrupted access to the latest data and software, SaaS products also free up time to focus on higher-value tasks like actual ecommerce management.
5. Unlimited scalability
On-premise systems don’t provide the flexibility you need to grow. If you want to store more data or serve additional customers, you must keep buying new equipment to meet increasing demand. The need to constantly add new capacity is not only inconvenient but can compromise the reliability of your commerce ecosystem.
One of the most important benefits of SaaS solutions is their scalable architecture. This elastic architecture enables SaaS products like VTEX to scale up and down to adjust to dynamic business environments.
Experience the advantages of SaaS technology
Cloud-based applications provide many benefits over on-premise systems. Not only are they more cost-effective but they also support business growth. If you’re still relying on legacy applications and systems, you’re doing your business a disservice. Contact us now to learn how you can enjoy the benefits of SaaS technology.
