Catch the Trend —— The SaaS era is Coming

SaaS (Software-as-a-service) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is superior to traditional software license sales methods which has a rebuilt business model and a unique practice system.
 
The popularity of SaaS is due to its direct access without installation. Data won't be lost even if hardware failure or human error occurs. In addition, the SaaS platform can update based on the available data to meet the needs.

In terms of cost, SaaS is usually cheaper than software sold under other billing models, which is especially important for companies that strictly control costs due to the current economic downturn. When users are not sure which software should be used for a long time, or the demand for software is only short-term, SaaS has become the first choice.
 

In the world of the Internet, China is actually at the forefront of the world. But in the field of SaaS, the consensus of ‘Software is Eating the World’ was reached in 2011, and China did not consider it until around 2016.
 
Taking the United States as an example, from 2008 to 2018, the average software spending of U.S. corporate customers continued to increase, reaching $ 343,000 in 2018 (about RMB 2 million). In the US market, the penetration rate of SaaS services is still being strengthened step by step. Both large and small enterprises have chosen SaaS and the proportion are increasing.