Business Process Outsourcing
NextGenVision SaaS business model enables our customers to deploy software where an application is hosted. NextGenVision will negotiate with the software vendors and provide the best price for each customer’s business requirement. By eliminating the need to install and run the application on the customer's own computer, SaaS alleviates the customer's burden of software maintenance, ongoing operation, and support. Using NextGenVision SaaS, customers can reduce the up-front expense of software purchases, through less costly, on-demand pricing. From the software vendor's standpoint, SaaS has the attraction of providing stronger protection of its intellectual property and establishing an ongoing revenue stream. The SaaS software vendor and NextGenVision will be responsible to host the application and our customer’s can invest their resources into complex business issues. SaaS usage today as per Gartner is:
NextGenVision also offers a business modeling service, which is a consultative workshop to help plan the adoption of SaaS business approach. NextGenVision follows a proven methodology using experience and modeling tools to help our clients understand what SaaS can do for their business and then evaluate a number of scenarios that lay the foundation for a successful SaaS implementation. Utilizing those best practices, models and tools, NextGenVision can rapidly help develop and implement a SaaS offering and address the business, technical and operational challenges.
- What is the market opportunity
- What are the sales challenges?
- How will the SaaS offering be delivered?
- What are the implications on the software architecture?
- How will the software and access scale?
- What are the risks, gaps and opportunities to adopting a SaaS model?
Saas business modeling service addresses “what-ifs” and help determine:
- What kind of companies are targets for SaaS?
- What will be the optimal price points?
- What are the new cost considerations?
- What are the hardware and network requirements needed to support SaaS?
- What will be the operational functions and responsibilities?
Major Benefits of SaaS with NextGenVision:
Regardless of what specific application you might be evaluating, you stand to benefit from NextGenVision SaaS services in five major ways:
- Save money
- Save time
- Focus your technology budgets on competitive advantage rather than infrastructure
- Gain immediate access to the latest innovations
- Join a community of interest
Each benefit is described below:
Several factors contribute to making it considerably less expensive to implement a SaaS application than a traditional on-premises application. These factors include:
- Lower IT costs
- Economies of scale
- Pay as you go.
Lower IT Costs
When you subscribe to a SaaS application, you avoid the overhead associated with implementing conventional software. A typical software implementation involves purchasing and maintaining servers, housing them securely, and installing and maintaining the software. This requires the time and effort of experienced IT personnel and deflects the efforts of employees at a number of levels away from the core mission of your organization.
Economies of scale
Subscription costs for SaaS applications reflect the economies of scale achieved by “multitenancy.” Multi-tenancy means that many customers run their applications on the same unit of software. For example, in a SaaS website calendar application, customer data is all stored in one database. This makes the overall system scalable at a far lower cost.
Pay as you go
When you subscribe to a SaaS application, you pay a monthly or annual subscription fee. Compared to a traditional software license, this subscription payment structure works to customers advantage. An on-going monthly expense is easier to incorporate into your budget than a large one-time outlay. You can cancel or change your subscription at any time without losing a large initial investment. In many cases, SaaS subscriptions are based on metered usage so you pay for exactly what you use. Rather than making a long-term commitment to one fixed account structure, you can add or subtract accounts at any time as your organizational needs shift.
Because you eliminate many of the typical implementation tasks associated with licensed software and because the software is already up and running on the SaaS vendor’s data center, deployment time tends to be much shorter with a SaaS application than a traditional one.
- When you subscribe to a web-hosted application, you free your organization from supporting high-cost, time-consuming IT functions, including:
- Purchasing and supporting the server infrastructure necessary to install and maintain the software in-house.
- Providing the equipment redundancy and housing necessary to ensure security, reliability, and scalability.
- Maintaining a labor-intensive patch and upgrade process.
Gain immediate access to the latest innovations
With traditional licensed software, you typically have to wait for the next release to benefit from the latest innovations or to move your organization to a new browser or operating system. Given the cost and complexity of moving to a new version, it may not even be practical to upgrade each time a new release becomes available. With a SaaS subscription, on the other hand, you benefit from innovations on an on-going basis. As soon as a new or improved feature appears in the application, you can begin using it.
Join a community of interest
Purchasing a traditional software license is very much an individual affair. When you subscribe to a SaaS application, however, you become a member of a community that has the application at the center. The SaaS customers can result in:
- SaaS service provider constantly monitors how their customers are using the application.
- Customers easily benchmark themselves against their peers.
Awareness of how customers in the aggregate are using an application presents the vendor with a constant supply of metrics it can’t ignore. Typically, this awareness translates into improved usability, performance, and functionality. In addition, when you contact NextGenVision technical support, you’re likely to experience faster and better service because support professionals can look at your implementation to see exactly what’s happening. As a SaaS customer, you benefit from your peers in a way that you’re less likely to do with an on-premises implementation.