Understanding SaaS - and how it drives revenue

Katalon Communications
Katalon Communications
Updated on

SaaS - short for Software-as-a-Service - is more than just a buzzword. It’s a game-changing business model where software is delivered as a service, accessible anytime, anywhere.

Chances are, you’re already using SaaS products in your day-to-day life - think Google Workspace, Microsoft 365, Slack, Dropbox, or Katalon Studio. But beyond convenience, SaaS is powering one of the fastest-growing sectors in tech. According to Statista, the U.S. SaaS market alone is set to more than double - from $112 billion in 2020 to $233 billion by 2025. Meanwhile, Gartner projects global SaaS revenue to grow over 17% in 2022, with 60% of businesses worldwide expected to adopt at least one cloud-based product.

🎙️ Want to understand what’s driving this explosive growth - and how companies are unlocking recurring revenue at scale?

Tune in to a special episode of Vietnam Innovators - Vietcetera’s podcast spotlighting economic growth and business leadership - featuring Daisy Hoang, VP of Sales at Katalon, and Ruby Nguyen, COO of Vietcetera. Together, they unpack the power of the SaaS model and the strategies behind sustainable revenue growth.

 

Katalon Communications
Katalon Communications
As the voices of Katalon, we share company news, behind-the-scenes glimpses into life at Katalon, and stories that highlight our people and culture. Our goal is to give you an inside look at what makes Katalon a unique place to work and grow - while keeping you informed on the latest updates and milestones.