SaaS Pros and Cons

SaaS stands for Software as a Service and among the pros and cons are listed below

• The main advantage is lowering of cost of owning the Software
• It arises due to
• Lowering cost of ownership via pay per use
• Lowered cost of upgrades ( included in the rent)
• Lowered cost of maintenance
• Lowered manpower cost
• Lowered cost of collaboration

The disadvantages are

• Crucial info will be on trust basis on third parties resulting in chances of data theft and corporate espionage like in IT/BPO sector