What is SaaS?

SeedBlink Knowledge
2 min readAug 3, 2020

--

Software-as-a-Service, or SaaS for short, is a cloud-based method of providing software to users. SaaS users subscribe to an application rather than purchasing it once and installing it. Users can log into and use a SaaS application from any compatible device over the Internet. The actual application runs in cloud servers that may be far removed from a user’s location.

SaaS stands for software as a service. It is a method of software delivery and licensing in which software is accessed online via a subscription rather than bought and installed on individual computers. This business model creates so many advantages for both developers and users that 33% of companies are using more SaaS applications than they did in 2016, and roughly three-quarters of companies will have nearly all of their apps as SaaS by 2020. Keep reading to better understand what is SaaS and learn more about the advantages of making the switch.

SeedBlink is the largest equity crowdfunding platform in Southeast Europe, both in terms of amounts traded and the number of investors, offering those interested a simple way to invest in innovative startups. We address both investors looking for new opportunities and startups that need financing. Our mission is to democratise investments in startups and to develop the innovative entrepreneurial environment in the region.

--

--

SeedBlink Knowledge
SeedBlink Knowledge

Written by SeedBlink Knowledge

Tips, advice and resources to build your investing expertise and learn the best practices.