Want to know about the best SaaS companies? You’re at the right place. In this article, we will cover everything about them.
Subscription based software companies have had a huge impact on the way business operates in the world now. It’s an integral part of any company now and will remain the same way for a long time.
SaaS (Software as a Service) companies sell services to people through software. It’s a part of cloud-based services. What makes SaaS a great business model is that’s easy to scale, for customers it is totally secure and cost-effective.
Now, there are tons of SaaS service providers in the industry and like any other industry – there’s a creamy layer. Not all SaaS companies can be great. But some of these SaaS companies are above the rest. Here’s some of them…
12 Best SaaS Companies & Products
Microsoft
If you are using a Windows PC, then you most likely already know about Microsoft since it owns Windows. But to make sure that you have a great computing experience, Microsoft also offers a lot of other programs that happen to be SaaS products. These SaaS products come under the Microsoft 365 service package. This includes programs and software applications like Windows 10, Office 365, Enterprise Mobility & Security, and a few others. Microsoft 365 is valued at $29 billion a year with more than 135 million users in total.
Adobe
Those of you who are not digital content users might only know about Adobe Acrobat Reader which is used for opening PDF files. But, those of you who regularly create digital content might already use Adobe programs and its SaaS products. Adobe is one of the best SaaS companies when it comes to creative creation programs and tools. These applications come under the Adobe Creative Cloud subscription which offers a wide range of software applications. Some of the popular SaaS products offered by Adobe include Photoshop, Illustrator, InDesign, Audition, Premiere, After Effects, etc.
Oracle
In comparison with other SaaS providers out there, Oracle is more focused towards businesses and highly professional users. It is one of the largest and among the best SaaS companies thanks to its vast cloud applications portfolio. With Oracle SaaS provider, you get many handy cloud based applications which include Customer Experience Cloud, Enterprise Performance Management Cloud, Human Capital Management Cloud, Enterprise Resource Planning Cloud, and many others. Because of these, Oracle’s SaaS is quite popular and generators more than $6 billion revenue which includes more than 420000 customers.
Most of you won’t need any introduction to Google and its SaaS products since it offers so many handy apps. Google and its G Suite is one of the best SaaS products available out there. It consists of Gmail, Docs, Drive, Calendar, and many others. All of these programs are highly integrated and offer a seamless experience to all G Suite users.
Dropbox
You might know Dropbox for its online storage services as you can easily backup your files on the cloud. And since they offer the same cloud services for businesses as well, you should consider Dropbox if you are looking for the best SaaS companies. Even though it is free to use for basic storage space, you can also pay for it. Its premium plans have a total of 12.3 million customers resulting in total revenue of $1.37 billion in 2018.
Shopify
Unlike other SaaS providers, Shopify is a business made for business because it is one of the best e-commerce platforms. Whether its web hosting, storefront design, shopping cart management, or anything else, Shopify handles it all resulting in more than 600,000 customers that all run their businesses using Shopify. Since Shopify continues to grow as one of the best SaaS companies, its revenue is estimated to be higher than $1 billion.
ZenDesk
ZenDesk is another great SaaS provider that you should check if you are running a large scale online business. As you can tell by its name, Zedesk offers customer support services on your online website or business. With this, your customers can contact you via email, phone, chat, social media, and various other places. Because of its high versatility, there are more than 125000 paid Zendesk customers resulting in more than $500 million revenue in 2018.
Zoom
In the current pandemic situation, online classes, meetings, and group discussions have become quite common which has made Zoom highly popular. It allows you to easily place high quality video conference calls around the world. As of right now, more than 100000 companies are using Zoom for their daily business and work requirements. In 2017, Zoom had a valuation of $1 billion which has increased quite a lot in the current year.
Intuit
Just like many other old software companies, Intuit has also shifted its focus on being a SaaS provider instead of selling licensed software. The two primary SaaS products offered by Intuit include QuickBooks and TurboTax. Both of them are great financial tools for personal use and for small businesses. There are more than 42 million customers using Intuit right now which has resulted in a very high revenue of $5.964 billion in 2018.
Salesforce
As you can tell by the name, Salesforce is a SaaS product useful for online sales. It has been offering customer relation management-focused cloud applications for more than 20 years. Thanks to its SaaS products, selling your own services, and making interactions with your customers becomes quite easy. In 2017, it had more than $8 billion in revenue thanks to its 3 million paid subscribers.
Hubspot
Whether you are into sales or marketing software applications, Hubspot can be one of the best options for you. There more than 50000 businesses that handle their customers using Hubspot. And as for their revenue, it makes about $10000 for every customer that uses their SaaS products.
Zuora
If you have your own SaaS products, then Zuora can be a great SaaS provider for you. It can handle all of your billing, commerce, and finance needs. Its 1000 customers include both large and small businesses. These have resulted in a very high valuation of $1.4 billion for Zuora back in 2018.
Final Thoughts…
Ahoy folks, these were the best SaaS companies which you should look out for. SaaS tools help you to scale your business faster so you shouldn’t ever ignore them. If you’re looking for business models still SaaS is one of the top (if not the top) online business model. You’ll need big bucks tho. That’s all.
Also Read: The Best Cloud Computing Companies
Thanks for reading this article till the end. We hope you learned about the best SaaS companies. If you’ve any questions feel free to drop them in the comments box.