In an age where technology is transforming the world, it is more vital than ever to have an efficient, scalable, and cost-effective approach for your business to expand.
As the saying goes, Rome was not built in a day, and neither were any other great businesses. A product that properly appeals to its client base is one of the most important things that must be put in place for a company to flourish.
Everything is now subscription-based
We already know that every service that can be performed online may now be performed as a service. It’s easy to forget that the computer skills that enable today’s goods were previously the exclusive domain of wealthy governments and corporations.
What was previously a pricey luxury became available as a service, and it is only a matter of time before every invention becomes available as a service. This ‘as-a-service revolution is altering what we get enthusiastic about, what we reconsider, and where we choose to spend our enjoyment.
As automation, algorithms, bots, and artificial intelligence become more prevalent in different service industries, a growing number of businesses are selling their core services as a subscription. Transportation is one example, as are professional services such as accountancy, machine learning, and digital marketing.
The necessity for digital transformation for survival and growth has created new hurdles, such as the investment required and the life cycle for completing digitization programs.
The idea is to alter the business to react to current and upcoming conditions by using digital transformation at a cheap cost without sacrificing quality, and more importantly, at a faster pace. While this is true for all businesses, it is especially important for startups and SMEs that don’t have large sums of money to invest and little time to squander in order to avoid becoming obsolete.
The majority of business owners, entrepreneurs, and CEOs are technology agnostic. Even if they are techies or tech-savvy, they don’t care what code the application is written in or what platform it is created on. What the firm generally seeks are answers to its pain areas that are now impeding profitability and development, as well as ways to sustain its future growth trajectory.
When we hear the phrase start-up, we immediately think of IT firms, but this is not always the case.
There are three types of technology start-ups: those that use technology to run their businesses, such as Ola, Oyo, Paytm, Zomato, Netflix, Airbnb, MakeMyTrip, and others, aka digital business models; those that provide technology as a digital offering to support their core business, such as healthcare, hospitality, and others; and those that develop applications for other companies, large and small, to manage their operations.
For startups to survive and flourish, digitalization of business processes and operations is essential; but, in their early phases, they cannot afford to employ an in-house team to create them. So, what will they do?
In the early stages, startups cannot go to the market’s large players, nor can they go to a startup SaaS developer. They want applications that can be developed rapidly and at a cheap cost, with low OPEX rather than CAPEX. So, how can they meet their business needs fast and at a reasonable cost?
Before we attempt to address the preceding question, consider this as an SME SaaS supply chain issue.
While SMEs cannot ignore the need for digital transformation, financial flow dictates their existence, creating a vicious circle for small firms. The aim of putting all of the transitional hurdles in place is for profits to start on the first day, which is exactly what happens. Profiting from a start-up is comparable to tempering one’s expectations.
As previously stated, a start-up is a unique business concept. It is a time-consuming and collaborative activity that involves a large number of individuals. A startup requires a large number of workers working at the same time.
They will require tools to create the application themselves, rapidly and at a low cost or TCO, without the requirement for costly personnel or large initial expenditures.
Undaku has released a sophisticated no-code application development platform with tools to assist SaaS startups, medium and large businesses in creating apps to operate and manage their operations in order to help them guide their business toward growth and profitability.
● Build and deploy applications 10X faster using a simple drag-and-drop application builder.
● Advanced enterprise-grade security features provide you the security, confidence, and control you need to develop easily and quickly.
● Iterate apps quickly and easily to add functionality in response to changing business needs.
● There are no up-front costs, no hidden charges, and no maintenance costs. You can scale up or down as needed. All you have to do is pay for what you use.
● SaaS transformation- Undaku helps in switching from on-premise to fully cloud-based development definitely increases the overall productivity of your SaaS business.
● Events assist you in configuring various IFTTT conditions. This allows you to implement alternative business logic in your forms and select from a variety of actions.
Here are some suggestions for creating a SaaS app.
The SaaS model necessitates the provision of dependable and consistent services. Customers are willing to subscribe to certain types of material, but not all of them.
Here are some other resources to check out:
How can you tell if your services are suitable for the SaaS business model?
The SaaS business model is most suited to your app’s benefits, which are obvious and recurring, provide clients with financial benefits, and are acceptable to a large audience.
● Many developers and app owners are so focused on SaaS marketing that they overlook one of the most dependable sources of real-world evidence: the competition.
● Any company that wants to succeed has to undertake market research. When assessing your rivals, consider not just what they did well, but also what they did wrong. Look for your platform’s service or feature offers that you can fill to provide value and gain consumers.
● Choosing a technological stack for your SaaS app is akin to selecting building materials for a home. Your technology stack is what you leverage to create and run your apps.
Undaku SaaS Manager provides all of the functionality you’ll need to run your SaaS business on a day-to-day basis. It is supported by a robust platform, which allows it to be customized in terms of Leads, Campaigns, Client Forms, and other features such as integration with top CRMs, quotations, invoicing, renewals, customer service, analytics, churn rate, plans, and adoption, revenue, and more.
Undaku lets you create websites, web applications, mobile apps, CMSs, CRMs, etc easily without any coding within a few days.
Don’t hold back your SaaS Startup
If you’re in the SaaS business and want to create well-thought-out applications that matter, Undaku assists businesses in managing their end-to-end consumer interactions, taking your SaaS business to market with ease by providing crucial business insights that can benefit SaaS enterprises at each step of their development.
Though the Undaku No-Code platform is designed with startups in mind as end-user customers due to the customers’ need for less expensive, quicker, and simpler needs, it may also be utilized efficiently by larger companies.
Not that the no-code development platform is a novel concept, and there are presently no comparable solutions on the market. There are numerous similar platforms and tools on the market, but they are primarily intended for and aimed at big end-user clients, and they are costly. In this way, Undaku SaaS Builder is a novel concept designed to help entrepreneurs grow and extend their businesses, with everyone benefiting.
Undaku is a strategic framework for continuous development that allows the company to adapt and flex in response to changing business conditions. Customers frequently start and excel with Undaku in one department before expanding it to others. Undaku provides greater value to their business the more collaboration and automation that occurs between these sectors. In fact, a clear link can be seen between the adoption of Undaku across departments and significant increases in efficiency, profitability, competitiveness, and growth.
With approximately 1,000 financed SaaS businesses and 10 unicorns (those with a value of over $1 billion), the SaaS ecosystem generates around $2-3 billion in yearly sales and employs nearly 40,000 people.
According to the report “Shaping India’s SaaS Landscape,” the Indian SaaS market has the potential to generate $1 trillion in value and over five lakh jobs by 2030. The research was just released by SaaSboomi, Asia’s largest community of SaaS entrepreneurs and product builders. Shaping India’s SaaS Landscape was a research on the possibilities for SaaS businesses in India performed by SaaSboomi in cooperation with McKinsey & Company.
No code platform is a new or emerging technology that allows creating software applications easier and faster without the need for an in-house developer. This may be a useful tool for businesses that want to gain early momentum with little money.
The Undaku SaaS Builder Suite includes all of the essential elements for creating a customer-facing line-of-business app. Without any prior coding experience or training, both customer firms and SaaS developer businesses could get started.
Undaku can be used to design solutions for any industry and automate processes and workflows. You can create an effective facility management solution, legal entity operations management, insurance CRM, CMSs, HR recruitment platform, gate pass. If your sector isn’t included,contact us with a list of your processes and we’ll be pleased to talk about automation prospects in your field.
I hope this has given you a better understanding of how SaaS can help companies develop and given you the confidence to build your own software with simplicity.