RYSA Technologies and Services - Blog , saascloud

Making Small Business Apps in Cloud with Data Centralization

Fri, 27 Nov 2020 16:52:35 +0530

“The future depends on what you do today.”

Mahatma Gandhi

Introduction

Any data collected by the organization is a key performance indicator that helps to accelerate productivity and accuracy. Every industry depends upon its size has its ways of storing their data. The ways of getting data and storing them mainly depends on the type of industry like Small business , SME's and Enterprise level.

The data stored might be a ledger note written by hand or an excel sheet with data filled in it or a huge ERP software.

There are quite a few problems in these ways of storing the data

Having a written ledger note means the data present in it is scattered and searching for specific information has to be done by going through hundreds of pages. Also, storing and preserving the ledgers are some of the disadvantages of this method.
Using an excel sheet is an upgrade compared to the written ledger notes, but this also has multiple disadvantages when it comes to data privacy, hardware dependency and sharing of data.
Having an ERP system will help in eliminating most of the disadvantages when using the above two methods. However, the main disadvantage in having a system like this for Small business/SMEs is
1.Cost of the software.
2.A dedicated IT team to maintain the system.
3.Lack of user friendliness of the application/limited customization of the software.

These are only a few of the hurdles faced by an organization when they want to store and use the data.

Solution

To solve the above mentioned problems, one of the suggested ways for you/your organization will be creating a custom application on a cloud platform. The term custom application means.

Creating an application that is tailored according to your business which should also allow you to support customization on a need basis (for both planned and dynamic needs).
Eliminating the need to change your business procedures to fit a pre-developed software product.
Save money on hardware acquisition costs since the solution is designed in cloud.
Any issues that arise can be resolved quickly and efficiently by a dedicated vendor support.

Use Case

As mentioned above if you are using any of the methods like writing or using excel or getting a huge software, you will be faced with the same challenges.

Let us take a sample use case here.

Assuming you have a small manufacturing unit which manufactures parts of machinery, engines, wheels, etc.

The manufacturing unit has to take care of

Production
1.Tracking raw materials.
2.Tracking the end product.
3.Quality check.
Inventory
1.Tracking inward stock.
2.Tracking warehouse stocks.
3.Tracking outward stock.

Invoice
1.Tracking sales.
2.Generating Invoice.
3.Tracking Invoice.

So, the manufacturing unit creates a custom cloud application comprises of Production module, Inventory Module, Finance Module.

All the production related data will be entered and stored in the production module. The inventory module helps in storing and tracking real time inventory data. The finance module allows you to track the sales, invoicing and payment receipts/dues from the customers.

Few other industries that can benefit from the Cloud with the similar business needs are :

1.Healthcare

2.Automotive

3.Finance

4.Education

5.Insurance

6.Real Estate

7.Farming

8.Non profit

9.Hospitality

10.Logistics

Conclusion

Having a Custom cloud application built for an organization will not only help you in storing the data in a centralized way, but also ensure the flow of data in organized manner. This helps to manage the data efficiently to analyze and also increase the productivity with full fledged automation. More importantly, the applications built using low code technologies will be accessed from mobile/tab/web from anywhere.

Zoho Creator, one of the low code cloud platforms enables the organizations to have a smooth transfer of centralizing the data and also efficiently manage them without much difficulties.

Reinventing New Settings Revenue Streams through SAAS and Cloud

Thu, 20 Sep 2018 09:31:24 +0530

Cloud-computing and SaaS are different, but closely related terms of the same idea.

The terms cloud is seemly used to describe everything nowadays. Many software providers are offering cloud-based systems.

What is the cloud?

The cloud can be thought of as the internet.

If you’re using cloud-based software, you can use the internet to access that system whenever and wherever you are. You just need an internet connection and the ability to log into the system via a web browser.

Before cloud-computing, companies would need their own servers or computers at their office in order to use software. You would have to physically install a CD on your personal computer to use it. Then, you could only access your data on that computer.

For cloud-computing, however, a 3^rd-party is hosting your software on a remote server where they store and process your data. These servers are housed in data centers all over the world.

When you want to access your data, you just open up your Chrome browser and log into your account. You can be on a desktop computer, phone, or PC. You can be at the office, home, or at the airport. It doesn’t matter, as long as you got WiFi.

What is SAAS?

Software as a Service is a software licensing and delivery model in which software is licensed to a user. The software, or application is accessed via the internet and a web browser. You do not need to install and maintain the software.

The application runs on the SaaS provider’s servers. The 3^rd-party provider then is responsible for the security, performance, and maintenance of the application on their servers.

Typically, SaaS applications are licensed on a subscription basis. You pay a monthly fee based on level of service and number of users needed. In this way, a SaaS delivers and maintains their application to you over the internet, as a service.

Revenue Streams

1.Subscriptions
You can generate revenue from monthly subscription from your customer. Major part of the revenue is generated by this model for SaaS business.

2.Upsells

You can upsell your SaaS product for your existing customer so the customer’s value improves as well as your revenue.

3.More Storage, Speed, or Data
The customer values can also be improved by increasing the storage, speed, or Data for the services customer are using. It leads to value added service for the customer for which charges can be applied.

4.APIs

Application Programming Interface is a way through which you can connect your application with 3^rd party application so the data can be transferred between both. APIs are way through which you can integrate any existing application of customer with yours. These integrations can help in revenue generation for the SaaS adopters.

5.Setup Fees

Setting up means getting onboard to your SaaS application with the customer environment. Options of providing free subscription for a minimum period followed by upgrade to the paid subscriptions generate revenue and also allow customers to have a hands-on before use.

6.Customer Service

Customer Services is a costly affair for the company due to staff training and knowledge transfer. However, providing self-service portals/knowledge base along with BOTS assistance enhance the customer support and service. This is a clear revenue generating approach for long term contracts or services to be offered to customers.

Conclusion

Above listed are some of the revenue streams that a SaaS business can make use of.

Have you tried any other revenue generating approach for your SaaS Business?