Too Long; Didn't Read
Software as a Service (SaaS) model has been gaining in popularity in the business world in recent years as an alternative to on-premises software deployment. The model entails the delivery of cloud-based applications via the internet. A 2019 report by Blissfully shows that SaaS spending and adoption have been growing quickly across all company sizes since 2014. In 2018, the average company spent USD 343,000 on Saa’S, a 78% increase y/y.