A SaaS platform is a solution for selling, distributing, and managing cloud-based applications and services. A SaaS platform is a sort of online platform. Much of the technology market has transitioned away from traditional software models, in which the buyer purchases a program and then installs it directly on a device or server, and toward SaaS models.
What is SaaS? SaaS is an acronym for “Software-as-a-Service.” This type of software is housed in the cloud, and customers access it remotely, usually through a subscription package. In this setting, the SaaS platform is an essential element of technological infrastructure.
A SaaS platform can provide a wide range of features and functions, but to be most effective, the solution must make it simple to optimize application onboarding, automate back-end operations such as billing, and immediately supply cloud-based solutions.
Let’s look into SaaS platform examples and explain them one after another.
Saas Platform Examples
1: Zluri
Zluri is a SaaS management tool with a variety of capabilities to assist your team in identifying, optimizing, and securing SaaS services. But what are these features?
The following are the advanced capabilities of Zluri’s SaaS management platform:
- Zluri’s SaaS management solution employs nine different discovery methods to identify all SaaS apps in an organization’s SaaS stack (including those that are not actively used).
- Beyond simply displaying the programs, it also provides insights such as which users have access to each app, which apps are crucial, compliance data for these apps, risk and threat scores, and more. This deep information assists IT teams in analyzing usage trends and the impact of each application on the enterprise. As a result, they can eliminate or restrict applications, lowering SaaS costs and protecting sensitive data from hazardous apps.
- Furthermore, with complete visibility into the SaaS stack, your team will be able to quickly identify unauthorized or unapproved apps, reducing the occurrence of shadow IT. This will help to mitigate the risk of security breaches caused by unapproved applications.
- Zluri’s SMP consolidates all your SaaS app licenses into a single platform, providing a complete view of your whole software inventory via a consolidated dashboard.
2. Zylo
Zylo is an enterprise-level SaaS platform. It also aids in the control and optimization of SaaS licenses by measuring who has access to them, how often they are utilized, and taking steps to maximize the value of software investments.
Furthermore, Zylo’s SaaS management solution enables you to monitor SaaS spending by leveraging benchmark data and AI-powered savings centers.
3. Torii
Torii is one of the greatest SaaS management platforms. It has AI discovery and mapping tools that can expose up to four times more SaaS applications. This access enables the IT team to effectively discover and control unofficially used SaaS services in your organization, lowering the risk of data breaches.
You can also save more than 30% on SaaS spending by following Torii’s cost-saving advice. These recommendations give information such as which apps and licenses are underused and can be removed, as well as advice to downgrade underutilized licenses.
Torii’s open API, developer community, and Plugin marketplace allow you to personalize its features and manage your complete tech stack your way.
4. Lumos
Lumos differentiates in SaaS management for its emphasis on security and compliance. It is designed for enterprises that prioritize the security and compliance of their SaaS programs. The platform includes functionality for discovering and categorizing all SaaS programs in operation, giving IT administrators a comprehensive view of their SaaS ecosystem.
In addition, Lumos’ SaaS management software assists in identifying cost-saving options through subscription optimization and the removal of duplicated apps, thereby optimizing SaaS expenses.
Lumos’ most notable feature is its ability to assess the application’s security posture. It conducts evaluations and creates reports to verify that firms satisfy industry standards and compliance needs, hence improving overall security measures.
5: Subtly
Subtly is a SaaS management software designed for small and mid-sized businesses. It has automated discovery tools that enable your team to find all SaaS apps utilized by employees in one place. This visibility also aids in the identification of abandoned or underutilized SaaS apps, as well as apps with functional overlap.
This cloud-based solution also enables your team to monitor the use of prohibited apps, which helps protect the organization’s important data from breaches. It also keeps track of user access to all SaaS applications within the enterprise.
Furthermore, to optimize SaaS spending, it offers spend per category, team, or role data, allowing your organization to save money on underutilized subscriptions.
6: Trelica
Trelica is a well-known SaaS management tool that helps businesses manage their ever-expanding SaaS ecosystems. It includes capabilities such as SaaS discovery and inventory management, expenditure tracking and optimization, license and renewal management, application usage insights, and security and compliance monitoring.
With these features, your team can automatically discover and catalog any SaaS apps utilized in your enterprise, ensuring complete app visibility. It also provides detailed reports on your SaaS expenditures, which aids in the discovery of cost-saving opportunities. As a result, app licenses can be reallocated and underutilized subscriptions eliminated.
Not only that but maintaining a secure SaaS environment enables your team to monitor if SaaS apps are used in line with industry standards and regulatory requirements.
7: Josys
Josys is another prominent SaaS management tool that allows IT professionals to manage software, hardware, and user profiles from a single dashboard by centralizing and accurately inventorying all IT assets.
Furthermore, Josys’ SaaS management platform allows your team to access assigned SaaS licenses and devices, expedite security and financial audit requests, and connect HR data from sources such as Google Workspace, Microsoft Azure ID, and Smart HR for immediate employee data import.
It also provides thorough visualization of SaaS programs, automated user provisioning, assigns role-based rights, and minimizes software spending.
It also assists in the identification and management of unapproved apps, as well as the reallocation of underutilized SaaS apps to adjust IT budgets, all of which contribute to a safe and cost-effective SaaS environment.
8: CloudEagle
CloudEagle automatically detects and categorizes each application and its users, allowing you to view and de-provision unneeded apps and licenses with a single click.
Furthermore, it helps you avoid paying for duplicate apps by proactively alerting you to redundancy in your SaaS stack.
Not only that, but you’ll receive fast notifications when illegal apps are used. Aside from that, CloudEagle’s AI consolidates renewal dates and contract details into a single display, with reminders sent up to 90 days in advance. It also automatically regulates app access depending on employee joining and termination dates.
9: Megazone PoPs
Megazone PoPs is a robust SaaS management platform that facilitates and controls the use of SaaS applications. It includes an app launcher function that displays all of your apps in one spot. This launcher may be customized with bookmarks, an app list view, and the option to reveal or conceal features.
Furthermore, Megazone PoPs include an administrator control tool that enables IT administrators to effortlessly supervise all employees’ SaaS consumption. They can also see a real-time list of users and assign or reclaim apps for individual individuals, groups, and businesses.
That’s not all; with this SMP, you can eliminate superfluous SaaS charges and manage subscriptions more easily to maximize cost savings.
10: ActivTrak
Using this, your team may gain control over SaaS application sprawl, mitigate any security risks/gaps, and reduce application administration overhead.
This SaaS management software also assists in determining which applications are widely adopted and productive, as well as offering insights on app license usage to help guide subscription or contract renewals and license purchases.
Furthermore, ActivTrak ensures that your applications comply with privacy and security standards while providing extensive usage data to improve security and productivity. Aside from that, with configurable alarms and real-time notifications, ActivTrak lowers the need for constant oversight and enables efficient application management at all levels of your organization.
What are the Top SaaS Platform Companies Standing Out in 2024?
1. Alteryx
Alteryx is a pioneering SaaS firm in analytic process automation, with the primary goal of speeding up the conversion of data into actionable insights and democratizing data analytics for a broader audience. The organization has developed some technologies to facilitate sophisticated analytics automation, making it more accessible to all data professionals, regardless of experience.
The Alteryx platform covers the complete data analytics lifecycle, from data preparation to generating business insights. Alteryx’s key products are the Designer Cloud, a single data transformation platform, and Machine Learning, a technology that enables automated ML for enterprises of all sizes.
2. Baremetrics
Baremetrics, a SaaS firm with a small but dedicated crew, has developed a strong position in the competitive data analytics industry. Numerous firms from various sectors rely on the corporation to evaluate their data, allowing them to develop effective growth strategies.
Baremetrics operates a single, integrated platform with many features, each providing distinct insights and metrics that help businesses make data-driven decisions. This platform includes features such as Metrics for real-time performance tracking and Recovery for dealing with unsuccessful payments. These elements, combined into a single Baremetrics platform, have proven to be critical for firms looking to maximize their data utilization.
3. Databricks
The founders of Apache Spark, Delta Lake, and MLflow founded Databricks, a well-known name in the SaaS data analytics space. The company developed the Databricks Data Intelligence Platform, a unified solution for complete analytics of enterprise-level data and AI technologies.
This platform integrates AI capabilities into your data, allowing you to execute AI solutions on a worldwide scale. It also includes a set of tools that enable you to combine your data sources into a single platform for processing, storing, sharing, analyzing, modeling, and monetizing data.
Databricks’ market capitalization is $65.5 billion by 2024, with revenues of $2.62 billion in the previous year. Databricks is being used by over 9,000 enterprises worldwide for large-scale data engineering, collaborative data science, full-lifecycle machine learning, and business analytics.
Conclusion
When a company wants to buy software, they are most often looking for software as a service (SaaS) or a software platform. Consider any software, from email to Microsoft Word, and picture it as an app accessible via the internet.
This is quite different from the typical software that is loaded on computers. What is the advantage of SaaS versus traditional software? It is so much better!
Today, practically every software company provides a SaaS product. Why? Because it enables businesses to launch rapidly and affordably.