SaaS Becoming the future of Software Development in UK Market
Software development has faced quite a decline during the past two to three years in UK but has recently shown great progress with the current economic share of around £8bn, and is expected to strengthen even further by the year 2013. Software is the core operational unit of almost every business sector including banking, retail stores, Construction companies, Food businesses and countless others that are relying completely on custom developed software for managing their day to day operational cycles. However, it is very difficult for the business owners to manage their business and handle the software customizations and maintenance along with it; companies would require a fully dedicated IT resource for complete software management. This is one of the main reasons why software development is actually progressing as “Software as a Service” model all over the UK or I should say globally, and is expected to become the most strategic and dominant mode of software delivery within a period of 10 years.
SaaS applications such as Accounting & Financial applications, Document Management Systems, VOIP services, Sales tools, CRM and Content Management Systems have proven to be a solution to some major concerns including response time, security and the service availability for a huge number of organizations. In order to give you some market insight we have picked up the top 5 SaaS providers of the UK market. At number 1 we have the industry leading provider of web based Accounting and CRM solutions “BrightPearl”. The system is fully integrated with a hosted website, order processing modules and inventory management. At number 2 we have Netsuite the most renowned company for providing on-demand / customized applications to small and midsized companies for the entire company management. Netsuite provides a single powerful application integrating a whole range of applications including Customer relationship management (CRM), Enterprise resource Planning (ERP) and E-Commerce. Then at number 3 we have WorkForceTrack which is an all-in-one Enterprise Resource Planning solution for companies of all sizes. WorkForceTrack provides a whole list of business tracking tools including Mass emailing, Employees task and attendance tracking, Sales reporting & tracking and detailed project management tools that empower the existence of your online businesses. At number 4 we have 1&1 Internet UK, which is undoubtedly the fastest growing web host with almost 8 million customers including Google. Utilizing industry leading manufacturers’ products 1&1 is providing unmatched hosting and ultimate security services for your websites. At number 5 comes the Arithmo Accounting Solutions Ltd that provides one of the simplest Accounting and Bookkeeping systems that can be used by all types of businesses.