In a fast-moving, disruptive business environment, digital transformation is the key to improving operations, developing new business models, and tapping into new revenue streams to stay ahead of the competition. So why aren’t more organizations addressing their transformation more aggressively?
The key to accelerating transformation is to reduce the cost of failure. And software as a service can unleash this innovation by helping to reduce costs.SaaS is an on-demand model that lets users access software and applications in the cloud, freeing them from the burden of purchasing and managing complex software and hardware.
A growing number of organizations are seeing the benefits of XaaS. One is Saildrone, a U.S.–based startup that provides comprehensive turnkey data solutions for maritime security, ocean mapping, and ocean data gathering with a fleet of uncrewed surface vehicles. With a lightweight IT and development operations team, Saildrone found that XaaS solutions helped it scale fast and build a single, dependable source for engineering data across disciplines within the company.
The streamlined operation has reduced employees’ time spent on everyday tasks and routines by 85%. Its migration to SaaS has also helped SVP achieve significant cost savings, increased cybersecurity resilience, and quicker, more efficient access to high-quality billing data, all without service disruptions. Using MDM allowed SVP to upgrade its system while reducing its cost of ownership and minimizing the potential costs of failure.
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