Best SaaS Product Ideas You Should Try in 2021
SaaS is Software-as-a-Service — it is an enterprise solutions concept under which the service provider uses subscription-based tech systems. SaaS providers typically include a technology-based project infrastructure, support management, data protection, and encryption using remote data access cloud storage.
It’s not as easy for you to start your own business, especially in the SaaS area. It’s really difficult to develop a start-up from the ground. But these challenges won’t deter you if you’re an ambitious entrepreneur. In the quest for efficiency, functionality, and stability in an enterprise world, software-as-a-service (SaaS) becomes an increasingly viable alternative for enterprises.
Why are SaaS products a good idea for startups?
First of all, SaaS technology is not a world novice to the software world as it was launched nearly 10 years back. This provides strong network advantages, which create almost 70% of the digital world’s value.
SaaS is a software delivery model that gives businesses a lot of mobility and economy, making it an extremely stable choice for multiple business models and industries. Because of its ease, user convenience, security, and wide networking, it is also popular among corporations.
On the other hand, software as service systems simplify market models, resulting in optimum total performance. Today, most organisations are using SaaS BI methods to support them in their endeavors by incorporating different market intelligence techniques.
The key advantages of SaaS implementations for startups that can massively benefit helps to evaluate are:
- You can access SaaS products with a simple Internet connection on any device
- Flexible pricing for users
- Quick employee delivery
- Functional updates continuous
- Quick updates to security
- Extremely robust and scalable
- Wide range of compatibility of systems
- No repetitive investments in hardware
Top SaaS Product Ideas Boom In 2021
Sales, CRM, and Marketing automation
If marketing is poor, even the brilliant plans will fail. Therefore marketing automation software is nowadays growing extremely popular. The Marketing Automation Platform offers email marketing automation, so you can create your own workflow, publish your contents, integrate contact profiles, manage and resolve your queries in an efficient manner.
It provides sales teams with support to target prospects, conducts email campaigns, converts customers, interacts with them, and measures the results of your campaigns.
Key features:
- Lead generation
- Marketing automation
- Tends to cover all phases of the sales cycle
Social media management
You should work independently if you have many social media platforms to handle. A well-known SaaS tool for handling social media, Buffer can post on a single Buffer on multiple social media accounts.
In 2019, about a third of the time spent online, up to 2 hours 24 minutes per day, was spent on social media. This is why social media messages provide corporations with a perfect means of marketing commercially by engaging with the public. In this area, several profitable SaaS product ideas are developed.
You can schedule posts, monitor content success in a single place, and manage every profile. Buffer provides intelligent analyses that can assess which content performs well and suggest the best solution to enhance the efficiency of the content.
Video rendering and editing
The organic traffic of video content can be expanded by 157%. Based on this reality, enterprises use it to expand their online presence. Video rendering is therefore a rather resource-sensitive programming operation. It should be remembered. It can be difficult to make media with special tools for aspiring video editors. You certainly would need to edit and make SaaS solutions in order to cope with this mission.
There are major firms such as Adobe, Nvidia, Autodesk, and several more serving the industry. The software tools for technical applications are developed here, so the prices are very high and the prototypes are not so scalable.
Telehealthcare
Telemedicine helps health providers to check online with their patients. The global telemedicine industry is expected to hit EUR 185.66 billion in 2026, according to Fortune Business Insights. This makes telehealth a fertile base for lucrative SaaS app ideas for companies.
Telemedicine has an important task to encourage medical practitioners to consult their patients online. These networks provide flexibility and connectivity for all sides, thanks to many technologies, including video-conference, remote patient surveillance, and mobile wellbeing.
Team Communication, Training, and Mentoring
With the Covid-19 outbreaks, teamwork tools have become a profitable niche for SaaS firms. Today businesses provide software as a service various tools to enhance project management and enhance remote workers’ productivity.
The software for team communication offers tools for active employee communications. Improves communication, better project management, and higher productivity by online collaboration tools.
Appointment management
Meetings are a key part of every business. Timing with meetings for an established business can be difficult to plan. For Business, a brilliant idea is an automated application that can manage meetings and tracking needs.
Users can manage appointments for both employees and customers through appointment management software. The work process is being more robust and productive.
Ex: Calendly
Content Management System
Content is the king. Since creating a content strategy is a complex and time-consuming task, businesses need resources to automate and streamline this process. Platforms for content planning bring various services that lead to content planning, design, distribution, and evaluation. The content research, optimization, and distribution phases are kept much easier with the specific tools.
Ex: Coschedule
Billing and Invoicing
Fintech start-ups today strive to improve the control of invoices by automating the processing of the invoices and removal of soluble. E.g., e-invoicing help for new accounts payable. Via invoice automation, these strongly committed invoice quality, save money and improve dealings with providers.
Virtual assistant
Today, more and more companies engage with their clients with the help of virtual assistants. AI virtual assistant for businesses is a program that interprets and uses human language to engage customers. This SaaS product improves customer experience and reduces costs. Also, such software can handle team scheduling, planning resources, or measuring employee engagement. At the moment, the capabilities of virtual assistant software are still subject to exploration.
Ex: Conversica
OKR Tracking
OKR, or in other words, Objectives and Key results, is a goals system that integrates and engages the company’s objectives.
With OKR tracking tools, Companies should focus on business objectives to evaluate performance. Reports and dashboards facilitate the visualization of development.
Freelancer CRM
A wealth of productive SaaS products is provided by the freelance CRM area. This kind of application is also similar to usual CRMs. But between these solutions, there is some gap, as freelancers manage all the work themselves. The nature of SaaS startup innovations on demand makes them ideal for the domain.
Freelancers can monitor customer interactions in a simple way by use of a CRM. Freelancers are also supported with analytics, email marketing, time, and monitoring software.
Ex: Sendinblue
Accounting
Let’s finally talk about SaaS accounting tools as a good idea for your startup SaaS. These platforms are tasked with the monitoring, processing, and reporting of a user or company’s financial transactions.
Other activities can be managed by accounting software including inventory and tax administration, payroll system, financial statements, and analytics. Customers can neatly monitor and arrange financial information using this solution.
Start the revolution of SaaS
These are the most creative ideas you can put in your weapons to create a SaaS application in 2021. You probably would be late behind your rivals if you ever enter a SaaS group. However, it’s not too late, and now that you know the right SaaS products you can launch your business.
We have mentioned why a good startup can inspire you. However, you must note that it is not an easy job to develop successful SaaS startup ideas. Do not hesitate to contact us if you need assistance implementing your SaaS application ideas. By developing SaaS, we will help to introduce your new startup concepts. You may also take advantage of our works and find inspiration.
About Us:
Savvient Technologies is headquartered in Australia, focusing on providing solutions via Custom Application Development, Product Engineering, Enterprise Solutions, Business Intelligence, and Analytics along with Quality and Testing Services. and if you’re searching for your successful software development service, contact us or email at hello@savvient.com.au now.
