What is SaaS App Management?
SaaS applications management(SAM) is a proactive business solution that monitors and manages any purchase, licensing, maintenance, renewal, security compliance, and offboarding of cloud-based software-as-a-service applications within a company’s portfolio.
A good SaaS app management system for your organization is a long term investment in terms of optimizing your SaaS spend, maximizing your ROI, adhering to security compliances, and leveraging your cloud-based investments.
SaaS has undoubtedly become the face of modern software as more companies are embracing the advantages of cloud and subscription-based access. Gartner says that Software as a service (SaaS) is currently the largest market segment and is forecast to grow to $104.7 billion in 2020. The very thing that makes the SaaS model the most preferred choice presents the biggest problems for enterprise IT: quick access and easy to setup. Anybody with a credit card and email address can acquire the subscription. This has left the enterprises that are trying to stay on top of their game in terms of managing licenses, agreements, and keeping the corporate data secure in a fix.