Microsoft Excel is one of the world’s most popular spreadsheet applications, but is it a Software as a Service (SaaS) product? This article will explore the features of Microsoft Excel and explain why it does not meet the criteria of a SaaS product. Unlike many other software products, Microsoft Excel is not available as a cloud-based service. Users must purchase a license and download the application to their computer in order to use it, which is different from SaaS products that are typically hosted in the cloud and can be accessed from any device with an internet connection. Another distinction […]
What is rule of 40 in SaaS?
What is the Rule of 40 in SaaS? What is the Rule of 40 in SaaS? Software as a Service (SaaS) has become a popular choice for businesses to provide digital services due to its scalability and cost-effectiveness. The Rule of 40 is a key concept in SaaS and is necessary to measure the success of a product. What is the Rule of 40? The Rule of 40 is a metric which states that the combined growth rate of a company’s revenue and profit should be at least 40%. Therefore, a company’s revenue and profit must both increase at a […]