In recent years, Software as a Service (SaaS) has emerged as a solution for manufacturers as an alternative to on-premise systems. Significant developments in cloud technology have made SaaS more powerful and more affordable for businesses.
Here are 3 reasons SaaS is a great solution for manufacturers:
1. SaaS has a lower total cost of ownership
With SaaS, the manufacturer doesn’t incur any initial infrastructure costs. They don’t need to pay any maintenance costs because the software company maintains the servers. The manufacturer also saves on the cost of training and retraining IT personnel.
2. SaaS is more reliable
SaaS runs across multiple data centers. This means that storage is highly redundant–so you can count on 24/7 uptime and your data will always be available. SaaS also uses sophisticated data encryption, so your sensitive information is well protected.
Further, SaaS allows you to get real-time software updates and bug fixes, so you’ll never have to wait for the most up-to-date version. You can avoid the cumbersome on-premise update process, so there’s no need to reconfigure and migrate.
3. SaaS is faster & more flexible
Perhaps the greatest benefit of SaaS for manufacturers is its flexibility and ease of use. SaaS is simpler than on-premise solutions from the get-go. There’s no need to install software, so getting started is as easy as signing up online. The time to implementation is significantly shorter.
Once you’ve gotten started, you can access the software from anywhere. You can get visibility into your shopfloor operations using your phone or tablet because you’re not bound to a desktop app.
SaaS often offer tiered, pay-as-you-go business models. This makes them a low-risk investment that allows you to pay for only the features you need.
SaaS offers significant advantages in both time and money over on-premise solutions. The benefits of SaaS are easy to scale across plants, and the ROI can scale across business units.