It will continue to do so in the era of Industry Internet – a term initiated by Tencent’s founder Pony Ma in 2018 and shows the most valuable social network firm’s ambitions on leveraging internet capabilities across Chinese industries. Industry Internet is a concept that involves most of 2...
SaaS has become the dominant software model in the 21st century because it helps companies operate with increased ease, intelligence, and quality. The next generation of SaaS will continue to help your business stay ahead of the competition by delivering more capabilities to employees and customers ...
Industry leading SaaS providerHistory of SaaS In the 1960s, mainframe computers were connected to dumb terminals that shared the mainframe’s software—a software delivery system known as time-sharing. As the cost of computers began to fall in the 1980s, many businesses created their own local ...
Back then, computers were enormous (remember the computer room – yes, room –in the movie Hidden Figures?):Computers were also very expensive, making it unrealistic for any company other than a large enterprise to purchase one, never mind several. That’s pretty much how the SaaS industry ...
Industry leading SaaS provider History of SaaS In the 1960s, mainframe computers were connected to dumb terminals that shared the mainframe’s software—a software delivery system known as time-sharing. As the cost of computers began to fall in the 1980s, many businesses created their own local...
Some industry historians trace the origins of SaaS to the 1950s, when applications running on mainframes were delivered to remote terminals. But SaaS as we know it today began in 1999, when Salesforce launched its customer relationship management (CRM) system as cloud-hosted software delivered to...
centralized nature of SaaS helps with consistent security management. Most SaaS providers invest significantly in advancedcybersecurity planningand measures, such as encryption, regular updates and strongaccess controls. They also have dedicated security teams that comply with industry standards and ...
These products have been instrumental in driving the company’s growth and solidifying its position in the AI industry. As of 2024, OpenAI’s market value is estimated to be approximately $80 billion, with revenue projections escalating from $10 million in 2022 to $200 million in 2023 and ...
SaaS solutions stand out as one of the most rapidly expanding segments in the IT industry. This growth is attributed to their unmatched flexibility, scalability, and cost-effectiveness. Notably, the U.S. is positioned to lead the ongoing revolution in the SaaS industry, with a projected market...
The growth of the Internet saw the inception of the “online cloud” in the mid-1990s. The online cloud allows organizations to access software from anywhere. Salesforce became the forerunner in the SaaS space by 1999 and both startups and industry giants were eager to move toward it, inclu...