WHAT TO LOOK FOR IN A SAAS APPLICATION DEVELOPMENT COMPANY

SaaS companies are estimated to produce $113 billion in sales by 2021, making them the largest segment of the public cloud services market. It’s an exciting time with a lot of possibilities. Companies with annual recurring revenue (ARR) of $7.5 to $15 million are among the fastest-growing.

To get a piece of this vast market, both new entrepreneurs and existing businesses frequently need to employ a SaaS application development company.

You may outsource a few services without too much fear or concern. One of them is SaaS application development.

If you hire the incorrect business, you could wind up with buggy software that puts you back where you started.

What is a SaaS development company?

A SaaS development firm provides software-as-a-service application development that is billed monthly or on a project-by-project basis. For their clients, many SaaS development businesses create web apps, desktop apps, and mobile apps.

SaaS development companies can be found all over the world. Offshoring is a popular way to cut development costs. The level of quality and expertise in development firms, as well as the level of service management, differs substantially.

Some organizations just provide software developers, leaving clients to manage the prototype, backlog, development, and launch of a working software product. Most businesses, on the other hand, will provide some type of project management, even if it does not involve DevOps or quality assurance.

Why do new businesses hire SaaS development companies?

An entrepreneur who is fresh to the SaaS sector may choose a SaaS development business for a variety of reasons. These motives can also collide.

• There isn’t enough time to create a SaaS product – Many SaaS entrepreneurs are seasoned veterans of other industries who may or may not have another firm to manage in addition to their day job.
• Lack of technical expertise to develop a SaaS product – Many nontechnical founders refuse to hire a technical cofounder because they either don’t want to share ownership or can’t locate someone with the necessary abilities.
• Looking for complete management — Most new SaaS entrepreneurs recognize the value of partnering with a firm that can provide both management and development, so they aren’t stuck managing developers (especially if they have no experience).

Why do established businesses hire SaaS development companies?

SaaS development businesses aren’t just hired by new startups. To meet a range of demands, established enterprises frequently collaborate with outside companies.

• Adding a software-as-a-service component to an existing company – A company may already have products and services on the market and is looking to expand its offerings with a SaaS product. They would almost certainly not have an internal development team and would be ill-equipped to handle one.
• Developing a SaaS for internal usage – Many businesses develop a SaaS product for internal use by their staff. It doesn’t make financial sense for them to produce the product in-house when they assess the costs.
• The internal development staff is overburdened – Established organizations that rely heavily on SaaS revenue have a difficult time filling positions. They need to outsource specific features or products because their own crew is always overworked and they can’t hire fast enough (such as an API).
• There is no willingness to hire – Even if they could afford to hire an entire development team (not just software developers, but DevOps engineers, QA testers, and a product manager as well), established companies may need a SaaS product for their employees or customers, and they don’t want to take on the long-term commitment of hiring.
• Wants to keep the new SaaS app team separate- Consider a SaaS company that already has corporate clients in one field and wants to create a similar product for SMBs in a second niche under a new brand name. It’s possible that their executive team will choose to outsource the development of this new product. 

because they simply don’t want to divert their attention away from the essential offering. In essence, the corporation wishes to maintain its investment in this new product clean by not combining the two offers in terms of internal capacity.

A CMO, CTO, or another c-suite executive from an established organization, like new SaaS entrepreneurs, may have numerous overlapping motives for outsourcing SaaS application development.

What to look for in a SaaS application development company

Let’s look at the features of the service that you’ll be looking for now that you know more about the reasons for choosing a SaaS application development business.

If you’re employing a SaaS development firm because you don’t have time (or experience) managing developers, the level of management provided will undoubtedly be one of the most important criteria in determining which company to choose.

These are the characteristics that, in our experience, both new entrepreneurs and established firms gain the most from.

You need someone who is knowledgeable and skilled in the frameworks and languages that are important to you.

When business owners and executives are ready to recruit developers, they usually have a framework or programming language in mind. Laravel, for example, is a popular PHP framework that can help developers save time on code and maintenance.

Don’t forget to double-check that the company specializes in what you’re looking for. If you’re not sure what your product should be made of, chat to someone from a reputable company to figure out what would be the best fit.