38% of businesses.
Yes, according to
It’s been months running your Saas company; you’ve estimated your budget (the tight budget), researched what the top-performing Saas companies are doing? (maybe 100 times or so) But somewhere, you’re still stuck in a rut.
You’re using the same rules and software and experiencing the same results. But times are changing, and so is the saas industry. That being said, the leading-edge Saas software like Vertical and horizontal Saas are taking the Saas industry by storm.
In this article, let’s dig a little deeper into how Vertical Saas can help you skyrocket your Saas business.
Let’s take a look at these stats. Global
Given that, this billion-dollar industry does have its advantages. When it comes to vertical Saas, it is an amalgamation of Saas solutions and distinctive products for a specific market. Big giants like Microsoft 365, Quickbooks and Slack are ready to give it a whirl — they can’t resist it!
There is Saas product software that is built as an industry initiative. This category of SaaS products includes solutions that suit a super-niched market.
Well, the model for Vertical SaaS takes a multi-faceted approach. It relies on firms that are built to tackle a single problem and handle other business challenges.
For example, financial and health care companies are traditionally vertical Saas companies. Since their model isn’t catered to everyone, also they don’t have a wide range of products. That’s the reason; it satisfies the needs and requirements of limited people.
Here are a few examples of vertical Saas software:
In simple words, there are vertical-specific platforms like Litify (uniquely customized for law firms). This shift from inclusive, one-size-fits-all platforms to vertical-specific solutions is helping B2B industries to develop and grow.
Now that you’re all aware of what is vertical Saas? Hang in there. It’s time to understand how vertical Saas can help you grow your Saas company.
Here are a few of the advantages of Vertical Saas you can’t afford to miss:
The best part is it delivers products on time, with high quality and reliability for customers.
Granted that they can serve more customers in less time without any fear of losing data, money or resources.
Since it's no surprise that vertical Saas allows companies to be more productive. Even
With these whopping numbers, some ongoing trends can change the wave of the vertical Saas industry. Let’s understand how these trends can allow companies to work efficiently and evolve as a business.
So here are a few top trends for vertical Saas:
To conclude, Vertical SaaS solutions handle industry-specific problems that often go unnoticed.
To be precise, Saas organization operates in over 100 different countries.
Companies can now enjoy the benefits of so many integrated services. From payment processing to cloud-based technology, companies can experiment and create strong cross-selling opportunities.