SaaS App Development- Growth Statistics
According to an online report by DevSquad, the United States of America has approximately 17000 SaaS companies in 2023. These companies are catering their SaaS model software development, SaaS web application development, Azure SaaS application development, SaaS cloud application development, and SaaS product development services to around 59 billion customers, generating a revenue of $401.6 billion.
Another report by Gartner highlights that SaaS spending will be 18% in 2024. Around 86% of the companies believe SaaS applications helped them to achieve higher employee engagement. A report by Statista says that the SaaS market is expected to become 232 billion USD by 2024.
Well, these interesting statistics are enough to convince today’s startups, small businesses, and large enterprises to invest in SaaS mobile apps, solutions, or software. But before investing in one, let’s dig deeper into SaaS app development.
What is SaaS App Development?
SaaS app development or SaaS cloud application development includes creating a SaaS app that can be accessed from anywhere on any device. All it needs is an internet connection. In a SaaS distribution model, a cloud provider hosts that app on the cloud infrastructure and makes it accessible to users.
Step-by-Step Process to SaaS App Development
Here is a stepwise procedure for SaaS mobile application development:
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Market Research
SaaS app development begins with conducting extensive market research to identify your potential customers’ expectations, check competitors’ offerings, and figure out the latest market trends.
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Conceptualization and Planning
The second step involves defining the core features and functionalities, technology stack, and USP of your SaaS mobile application. It also involves creating a detailed project plan, incorporating timelines, budgets, and resources required for the app development.
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UI/UX Design
Developing wireframes to visualize the SaaS app’s user interface and user experience comes under this phase. The UI/UX designers create an innovative design with simple navigation that reflects your brand’s vision.
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Front-end and Back-end Development
The fourth step of the SaaS mobile app development process involves building the front-end and back-end of your SaaS app. It includes developing client-side and server-side functionality and creating APIs and server logic.
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Database Design
For the success of a SaaS mobile application, it is crucial to design a database structure that clearly defines data schemas and relationships with complete security and scalability.
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Third-party Integration
If your SaaS mobile app requires associating with third-party services, such as payment gateways, then this is a crucial step of the SaaS app development process. The step includes creating third-party APIs.
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Testing and Quality Assurance
The core purpose of testing and quality assurance is to test the app for technical glitches or bugs, smooth functioning, performance, and usability on all the targeted screens, devices, and platforms. It is one of the crucial phases of the SaaS mobile app development lifecycle.
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Security and Compliance
This phase involves verifying whether the SaaS app or software complies with required data protection regulations, such as GDPR and HIPPA. It also incorporates implementing the latest security measures and data encryption techniques to prevent the SaaS mobile application from unauthorized access and protect user data.
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Deployment
Deploying the app onto a hosting environment or cloud infrastructure, configuring SSL certificates, and performing other tasks required for the smooth launch of your SaaS app comes under this phase.
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Performance Monitoring
Performance monitoring includes implementing multiple monitoring tools to keep track of the SaaS app’s performance and user behavior is the core purpose of this step. It also includes regularly optimizing the app for speed, efficiency, and responsiveness.
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After-deployment Support and Maintenance
Support and maintenance services are an essential part of the SaaS mobile app development lifecycle. It ensures that your SaaS app remains up-to-date, functions as expected, and doesn’t have any bugs that can impact user experience or performance.
Benefits of SaaS Applications
Developing a SaaS app comes with a multitude of advantages that scale your business to new heights. Check out some of them below:
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Scalability
Scalability is one of the biggest benefits when you build your own SaaS application. It means you can scale up your SaaS app as your business grows or expand its geographical boundaries.
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Accessibility
SaaS mobile apps or software don’t require on-premises hardware or infrastructure, which means they can be accessed from anywhere. All you need is an internet connection. This flexibility enables remote working and enhances productivity and collaboration.
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Automatic Updates
When you choose the best SaaS development company, you don’t need to worry about updating the app on your own. The SaaS provider will do it for you and handle all required updates and maintenance necessary to keep your app updated and compliant with the latest industry standards.
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Reduced Time-to-Market
SaaS applications can be deployed quickly, which is an added advantage for businesses looking to enter the market in no time.
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Cross-Platform Compatibility
Most SaaS mobile applications can be accessed from any device, regardless of configuration. It improves customer experience and enhances usability.
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Data Security
SaaS providers handle all security aspects by adopting highly secure data encryption techniques and security measures. Businesses don’t have to worry about the data security.
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Analytics and Insights
Whether it is Google Cloud, AWS, or Azure SaaS application development, most SaaS app development companies integrate AI, ML, and other technologies into the app to allow it to offer analytics and insights.
How to Choose the Best SaaS App Development Company?
Selecting the best SaaS app development company is crucial to ensure the success of your SaaS mobile application. Here are a few points to consider:
Define Your SaaS App Requirements
The first step is to clearly outline your SaaS app’s goals, scope, and custom requirements. Make a list stating the purpose of your app, i.e., the pain point it will resolve. Also, mention the USP of the app that will make it stand out from the competition.
Search for the Best SaaS App Development Company
Conduct extensive market research to find potential SaaS development firms with prior experience in developing a SaaS app or solution for your particular industry. However, if you don’t find such companies, look for ones with a strong technical background and portfolio of developing diverse types of SaaS applications.
Evaluate Technical Expertise
Assess the company’s experience in SaaS development and expertise in the latest SaaS app development technologies, programming languages, frameworks, databases, and more. To understand the same about the custom SaaS development company, check their portfolio and the projects they delivered.
Also, check their clients’ testimonials to read what their clients have to say about the quality of their work, delivery timelines, modes of communication, and other project development aspects.
Set up a Call
Once you shortlist a few SaaS development companies, set up a call with them to discuss your project requirements and understand their project development process. Inquire the following:
- What development methodologies do you follow?
- How do they handle project management?
- What communication mediums do they use?
- What are their delivery timelines?
- What data security and compliances do they adopt?
- What will be the cost of SaaS app development?
Finalize a SaaS App Development Company
Select the best SaaS app development company and sign an NDA (non-disclosure agreement) with them to ensure the security of your SaaS app idea and the data you will share with them during the development.
How to Choose the Best SaaS App Developers?
For SaaS mobile application development or SaaS software development services, you can also hire the best SaaS app developers. They would also serve the same purpose and also allow you to hire them as per your requirements.
For example, if you don’t have any time constraints to launch your SaaS product to market, then you can hire SaaS app developers on a part-time basis. In case, if you want to develop and launch your SaaS product as soon as possible, then you can hire SaaS developers on a contract or full-time basis. The team size will also depend on your custom project requirements.
The steps to hire the best SaaS app developers are almost the same as that of hiring a SaaS app development company. Follow the same to ensure your SaaS application development project is in safe and experienced hands.
