#18 new
Vladyslav Afrin

Best SaaS Product Ideas in 2020 with Real Examples

Reported by Vladyslav Afrin | October 23rd, 2020 @ 03:24 AM

Starting your own business is not as easy as you might think, especially when it comes to the SaaS sphere. Building a startup from the ground is quite challenging. But if you are an ambitious entrepreneur, these obstacles won’t discourage you.

You might have noticed that SaaS has been topping the lists of the best business models for several years now. That’s why SaaS startups are at the pinnacle of success. This model has been adopted by big companies like Google, Apple, IBM, Adobe, and small businesses alike. In this post, we will share our experiences of creating SaaS business, and analyze SaaS product ideas based on the existing successful services.
What is SaaS?
Before we move on to discussing the most effective business ideas, we should clarify the basics. Software-as-a-Service business hosts a platform online and provides users with access to its functionality, technical support, and additional services on a subscription basis. Users typically access the software remotely.

The software is not just a product in this case – the company takes long-term responsibility for maintaining databases, servers, and additional software that enable the functionality to run smoothly over time, providing continuous services to subscribed members.

The price of the subscription and the offer details vary depending on the number of users that have access to a profile (single versus team plans), SaaS customer support details, the amount of stored data, or availability of additional services.
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A Rails plugin that provides a common set of UI tools for interface development.

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