Software as a service (SaaS) companies become cornerstone technologies for businesses and consumers all over the world. #SaaS is a cloud-based software delivery model in which the cloud provider develops and maintains cloud application software, provides automatic software updates, and makes software available to its customers via the internet on a pay-as-you-go basis.
Hello & welcome to VARINDIA news hour
The SaaS industry has seen unprecedented growth in recent decades, driven by an increasing preference for automation over traditional manual processes and legacy softwares. This growth is supported by private and public investors, and continues to increase exponentially in key markets. Let’s take a closer look at the widespread success of the SaaS industry and its predicted trajectory in the near future.
Experts feel that SaaS companies’ low cash-burn and strong business fundamentals are the major drivers of this trend. The SaaS industry is projected to experience its largest annual growth between 2021 and 2022, reaching a value of approximately $172 billion by the end of the year.
A report says, the monthly Recurring Revenue or MRR is a leading indicator of revenue growth. Hence, it's a well-received way to appraise SaaS businesses. Investors are more likely to consider the MRR rather than the Annual Recurring Revenue. Simply because ARR doesn’t furnish much proof of churn.
There are several reasons why SaaS companies enjoy higher valuations, including: Recurring revenue they earn by charging monthly subscription/recurring fee. More predictable earnings based on their defined pricing tiers. Higher customer lifetime value from long-term contracts.
With this, the SaaS companies see increased VC interest amid market downturn. There are more than 30 SaaS companies that went public, representing around $225 billion of market capital. One of the reasons there is so much investor interest in software is beca.
Software as a service (SaaS) companies become cornerstone technologies for businesses and consumers all over the world. #SaaS is a cloud-based software delivery model in which the cloud provider develops and maintains cloud application software, provides automatic software updates, and makes software available to its customers via the internet on a pay-as-you-go basis.
Hello & welcome to VARINDIA news hour
The SaaS industry has seen unprecedented growth in recent decades, driven by an increasing preference for automation over traditional manual processes and legacy softwares. This growth is supported by private and public investors, and continues to increase exponentially in key markets. Let’s take a closer look at the widespread success of the SaaS industry and its predicted trajectory in the near future.
Experts feel that SaaS companies’ low cash-burn and strong business fundamentals are the major drivers of this trend. The SaaS industry is projected to experience its largest annual growth between 2021 and 2022, reaching a value of approximately $172 billion by the end of the year.
A report says, the monthly Recurring Revenue or MRR is a leading indicator of revenue growth. Hence, it's a well-received way to appraise SaaS businesses. Investors are more likely to consider the MRR rather than the Annual Recurring Revenue. Simply because ARR doesn’t furnish much proof of churn.
There are several reasons why SaaS companies enjoy higher valuations, including: Recurring revenue they earn by charging monthly subscription/recurring fee. More predictable earnings based on their defined pricing tiers. Higher customer lifetime value from long-term contracts.
With this, the SaaS companies see increased VC interest amid market downturn. There are more than 30 SaaS companies that went public, representing around $225 billion of market capital. One of the reasons there is so much investor interest in software is beca
Technology video | 180 views
Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool
Arvind Kejriwal All Interviews:
https://youtube.com/playlist?list=PLiN7YZXz4nOc23gNiOivcdgeYUEpUUqlU
Arvind Kejriwal All Townhalls:
https://youtube.com/playlist?list=PLiN7YZXz4nOdQ-o4kATbxyeNHjD1SyT8n
Arvind Kejriwal in Punjab Series:
https://youtube.com/playlist?list=PLiN7YZXz4nOcJRxl8iqYDKsL26FKUvmSr
Arvind Kejriwal in Goa Series:
https://youtube.com/playlist?list=PLiN7YZXz4nOflmK5x_tdfrryxrSc3SBzm
Arvind Kejriwal In Uttarakhand Series:
https://youtube.com/playlist?list=PLiN7YZXz4nOcZ5TuqFQsJUmwRdNwvKsCT
Arvind Kejriwal on Baba Saheb Ambedkar:
https://youtube.com/playlist?list=PLiN7YZXz4nOfWtKqvMU22KihHk2jiUXdS
Follow Arvind Kejriwal on Social Media :
Follow Arvind Kejriwal on Twitter: https://www.twitter.com/ArvindKejriwal
Follow Arvind Kejriwal on Facebook: https://www.facebook.com/AAPkaArvind/
Follow Aam Aadmi Party on Facebook: https://www.facebook.com/AamAadmiParty
Follow Aam Aadmi Party on Twitter: https://www.twitter.com/AamAamAadmiParty
Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool
News video | 2086 views
#Udaariyaan | Tejo Ne Apne Saas Ki Bachai Jaan, Jeeta Fateh Aur Saas Ka Dil
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Udaariyaan | Tejo Ne Apne Saas Ki Bachai Jaan, Jeeta Fateh Aur Saas Ka Dil
Entertainment video | 422 views
#Google #NASSCOM #Relianceretailventureslimited
SaaS-based CRM companies helping B2C customers
Today, India is moving rapidly towards digitization, almost all of the sectors are now focusing on digital adoption one way or another. The fast-paced digital innovation along with the emerging startup ecosystem is fuelling the country’s economic growth. 'As per data from #NASSCOM, as of FY2020, the country’s SaaS revenue has reached $3.5 billion, with 75% of sales coming from global markets. Taking into consideration, the Pandemic-induced growth companies had already increased their spending on IT plans. B2C firms nowadays rely heavily on data to provide an unmatchable customer experience with the help of SaaS-based product offerings enabled with advanced machine learning capabilities. Hence, understanding your customers is the first step in running a successful business. Customer data management tools allow you to organize data on customers clearly, helping you improve customer relationships.
It is true that, small business owners know the best way to reach their goals with a solid road map, whereas the B2C businesses usually have a bigger customer base compared to the B2B business to keep track of individual customer experience. Effective CRM strategies include customer database management and self-service to determine his needs and automate the response immediately. Companies can develop a comprehensive user onboard process and additional features that keep your customer coming back. It allows companies to track real-time updates on customer data and analysis reports based on their purchase behaviour pattern that firms can use effectively to turn each interaction into a delightful customer experience. The more the customer engages the better understanding they have of the product/ service a company is offering.
Today's Headline in NewsHours
0:00 Intro
2:05 #Google patches 8th Chrome zero
Technology video | 190 views
SaaS companies might be the next wave of technology giants | Technology | VARINDIA News Hour
The Indian Software as a Service (SaaS) landscape continues to mature rapidly, with more companies reaching larger scale and driving heightened investor interest. In 2021, more than 35 Indian SaaS companies had $20 Million+ annual recurring revenue - a sevenfold increase over five years -with between 7 and 9 of these companies reaching the $100M annual recurring revenue milestone (versus one to two companies five years ago). India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled 'Shaping India’s SaaS Landscape' by #SaaSBOOMi. Vertical business software has seen 100% year-over-year growth, with several Indian success stories emerging. Growth is primarily driven by an increased number of deals for vertical business software and larger deal sizes for horizontal business software. A report says, software accounts for 20% of the total enterprise spending on technology but has a value creation of nearly 50%.
The #SaaS companies founded in India by the Indian founders, that have the majority of their workforce in India, are serving both domestic and global customers, which is $2.6 billion in size and employs about 40,000 people, is expected to record a 20X revenue jump by 2030. The narrative goes beyond this mammoth opportunity. This ‘20X jump’, which will generate $50-70 billion in revenue, is merely 6 percent of the global SaaS market —reflecting the untapped size of the pie and the huge window of opportunity that lies ahead for the SaaS industry. The Indian SaaS ecosystem will be one of the biggest value creation opportunities that we are going to see in the decade ahead of us. It is touted to grow at a CAGR of 18%. The Indian SaaS landscape is maturing rapidly, with the number of SaaS firms doubling and 60+ SaaS firms
Technology video | 183 views
Hackers Targeting U.S. and German companies with unknown threat #shortsvideo
Technology video | 170 views
TRS Government has appointed 8 new VCs. Whereas High Court has passed an order stating that HC is cancelling the newly elected 8 VCs in Telangana and said that its against law appointing them when the case is still under investigation.
Watch I News, 24/7 Telugu News Channel, for all the latest news including breaking news, regional news, national news, international news, sports updates, entertainment gossips, business news, political satires, crime news, exclusive interviews, movie reviews, political debates, fashion trends, devotional programs and featured shows such as Jabardasth News, Big Cinema, Movie Special, Cinema Chupista Mama, Metro Colors, Anaganaga, News Makers, Eevaram Athidi, Omkaram, Yoga Sutra and Money Money.
News video | 1338 views
AP Minister Ganta Srinivasa Rao in a press meet stated that AP CM Chandrababu Naidu is about to meet all Vice chancellors of Colleges in order to discuss the changes to be made in syllabus and other important issues.
Watch I News, 24/7 Telugu News Channel, for all the latest news including breaking news, regional news, national news, international news, sports updates, entertainment gossips, business news, political satires, crime news, exclusive interviews, movie reviews, political debates, fashion trends, devotional programs and featured shows such as Jabardasth News, Big Cinema, Movie Special, Cinema Chupista Mama, Metro Colors, Anaganaga, News Makers, Eevaram Athidi, Omkaram, Yoga Sutra and Money Money.
News video | 991 views
The funding winter faced by capital-starved Indian startups seems to be ending. But the money is not coming from typical big venture capitalists. Instead, a raft of new early-stage investors are emerging, who feel that entrepreneurs have matured and are willing to wait and make businesses meatier. So, is this the start of an Indian summer? Read the full story in ET Magazine, this Sunday (April 08).
Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTimes?sub_confirmation=1
More Videos @ ETTV - http://economictimes.indiatimes.com/TV
http://EconomicTimes.com
For business news on the go, download ET app:
Google Play - https://market.android.com/details?id=com.et.reader.activities
iTunes - http://itunes.apple.com/us/app/the-economic-times/id474766725?ls=1&mt=8
Windows Store - http://www.windowsphone.com/en-US/apps/d73c2150-6acf-445b-b810-19a004b5d3e8
ET elsewhere:
https://www.facebook.com/EconomicTimes
http://twitter.com/economictimes
https://plus.google.com/+TheEconomicTimes/
https://www.instagram.com/the_economic_times/
https://www.linkedin.com/company/the-economic-times
Watch How a raft of new VCs are ending the chill in Indian startup funding | ETMagazine With HD Quality
Technology video | 1785 views
Prime Minister Narendra Modi's speech at 95th Meet National Seminar of VCs of Association of Indian Universities
---------------------------------------------------------------------------
►Subscribe https://goo.gl/C3hVED | to Prime Minister Office’s official Youtube channel.
Get the latest updates ???? from PM’s Office: news, speeches, public outreach, national events, official state visits, PM’s foreign visits, and much more...
You can also connect with us on the official PMO website & other Social Media channels –
►Website – http://www.pmindia.gov.in
►Facebook – https://www.facebook.com/PMOIndia
►Twitter – https://twitter.com/PMOIndia
►Instagram – https://www.instagram.com/pmoindia
PM Modis speech at 95th Meet National Seminar of VCs of Association of Indian Universities | PMO
News video | 872 views
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
Entertainment video | 4251 views
Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
Entertainment video | 406 views
Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
#yehrishtakyakehlatahai #yrkkh
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
Entertainment video | 521 views
Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
#yehrishtakyakehlatahai #yrkkh
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
Entertainment video | 393 views
Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
Entertainment video | 294 views
Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail #bhagyalakshmi
Cameraman: Anil Vishwakarma
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail
Entertainment video | 373 views