Software as a Service (SaaS) is a type of cloud-based software that is hosted and managed by a third-party provider, and it has been gaining traction in recent times. Reports from Gartner indicate that the worldwide market for SaaS is expected to expand from $48.2 billion in 2018 to $85.1 billion in 2020, at a compound annual growth rate of 16.5%. This growth is being driven by a range of factors, such as the rising cost of traditional software, increased demand from businesses, and the fact that SaaS offers a more cost-effective and scalable solution. The Cloud Industry Forum research […]