The SaaS cloud computing model is a cost-effective alternative to full-fledged software that you can download to your gadget. The product can be delivered to the client via the Internet, subject to a subscription, which provides a number of advantages. The main ones are the absence of the need to purchase expensive equipment and the ability to store data in reliable data centers.
In addition, this is a fairly comfortable model. These characteristics are increasingly forcing companies to think about creating their own product. To get high-quality equipment in the desired time frame, you can use SaaS development services provided by specialized companies. Specialists have all the necessary skills and use a clear action plan, which ensures timely delivery of goods to the customer. The procedure includes several steps.
Thorough Market Research
The first step to creating a successful SaaS product is to analyze the current market situation. This will help determine the environment in which the digital solution will operate and determine what needs to be considered during development. There are several important aspects involved:
- Characteristics of competitors
- The target audience
- Interests of potential clients
- Unique features of competitors’ products
- Business models used by the most successful companies in the selected segment
The information obtained will help determine in which direction to move and what to avoid when creating a SaaS product. All these nuances are highlighted in the strategy on the basis of which specialists perform their work.
Formation of a Business Plan
To make the creation process productive, coherent and consistent, the development team creates a detailed action roadmap. It provides answers to the following questions:
- How will the target audience be reached?
- What are the needs of potential customers?
- What unique features will distinguish the development from competitors’ technologies?
In addition, the business plan also specifies the monetization strategy.
Definition of Basic Requirements
The next step is to define a list of requirements that SaaS must meet. The basic list includes self-service, multi-tenancy, the ability to monitor user activity, as well as establish reliable data protection and transfer processes. If the possibility of expanding the list is being considered, then specialists can analyze competitors and offer profitable options.
Choosing a Technical Stack
At this stage, developers choose all the necessary tools to work on the project. We are talking about frameworks, library programming languages ​​and other tools. The choice directly depends on the tasks that the product must solve, the specifics of the business and the needs of the target audience. All these features are agreed with the client.
Formation of a Working Team
Freelancers or specialized development teams may be involved to complete the task. The second option is more popular, as it provides several significant advantages. Among them are professionalism, financial savings, access to global talent, timely completion of tasks, control of all processes and the possibility of consulting.
Creating an MVP
Having determined all the requirements and requests, the developers begin to create a minimum viable product. It has basic functionality and helps with minimal investment to check whether potential buyers like this model.
Conclusions
Creating a SaaS cloud model is a rather complicated process that requires knowledge not only in IT, but also in business. That is why real professionals should be involved in the creation. A dedicated development team can be a great solution. They will be able to carefully plan the process and create a product that fully meets the customer’s request.