7 SAAS Industry Trends to Watch Out For in 2024
Competition in the software-as-a-service (SAAS) industry can be fierce. Notably, 2024 presents opportunities for innovation, evolution, and transformative advancements. As businesses increasingly turn to cloud-based solutions, staying current with industry trends becomes a strategic move. This infographic tackles 2024 SAAS industry trends and statistics, giving you insights on how to…
Top 8 Privacy Policy Essentials for SAAS Companies
In today’s tech-driven world, many companies use Software-as-a-Service (SAAS) tools to boost their productivity. In fact, 43% of businesses plan to move from on-premise software to SAAS models. Another study reveals the average department in a company uses about 87 SAAS apps. As reliance on these tools grows, it’s in…
The Real Value of Trust in The SaaS Industry
Cloud computing and SaaS are innovations that were bound to happen. Just like the internet and the steam engine. Yet, most Thanksgiving conversations about SaaS Vendors are met with vacant expressions. Despite its lack of sex appeal, corporate spending on cloud computing services has grown from 1 billion in 2009…
Customer Protection in a SAAS Agreement
Nowadays, the adoption of Software as a Service (SaaS) solutions that run in the cloud, as opposed to traditional software tools that are hosted on and run on the customer’s environment, relentlessly continues to gather prominence. And like all other service relationships, SaaS relationships are governed by agreements that specify…
Vendor Protection in a SAAS Agreement
Today, the delivery of everyday tools used by individuals and corporates alike has moved significantly away from being offline-based to online-focused. From cloud-based sales tools that help track contracts and contacts, to marketing software tools that measure website traffic, to finance solutions that track revenue, and HR tools that manage…
Why You Should Hire a Lawyer to Draft Your SAAS Agreement
It’s the end of the decade and the heavy reliability on cloud-based products and services continues to gather strength day-in-day-out. SAAS, short for Software as a Service- continues to gain more ground because of the ease it affords end-users as it removes the need for users to directly install and…
Are There any Distinctions Between an End User License Agreement and a SAAS Agreement?
An End User License Agreement and a SaaS Agreement both look similar on the surface but have several differences and are used in distinct situations. This post will highlight these distinctions so you know the appropriate document in a particular scenario. Let’s start with the similarities. Both an EULA and…
Common SAAS Agreement Mistakes to Avoid
Making mistakes in a $112.8 billion Software as a Service (SaaS) market with an 18.3% annual growth will be an expensive one. While there could be mistakes in the aspects of product development, there are also mistakes made by providers and businesses in the aspects of the SaaS agreement. We…
Negotiating a SAAS Agreement: What You Should Know
With Software as a Service (SaaS) solutions comes a SaaS agreement that you can negotiate.
Key Provisions in a SAAS Agreement
Today’s post will be breaking down the key provisions that must be found in a SaaS Agreement.