Software as a Service businesses are dependent on customer retention to maintain income. Companies naturally grow revenue faster if it continues to acquire and retain customers compared to just focusing on the existing customer base. Determining the rate of growth is therefore important to understanding the health of the SaaS platform. Hence, the Rule of 40.
Software as a Service
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 sometimes referred to as “on-demand software”, and was formerly referred to as “software plus services” by Microsoft.
Getting the most out of IaaS, PaaS, and SaaS This blog post provides insight into the fundamentals of IaaS, SaaS, and PaaS, which will help you make an informed decision for your business. IaaS, PaaS, and SaaS are cloud...