What is SaaS & why do the Tech investors love this model

Investors love to put their money in reputable businesses which have a sustainable model of business in the long run with a history of being profitable. SaaS (Software as a Service) model certainly falls into this scheme of things – producing fast-growing revenue with predictability and reliability. Before moving to look at the visual details that make it so enticing to invest in this sector, let’s take a brief look at what is SaaS & how it has evolved over the years. In the older days (90’s & early 2000’s), we used to buy software programs like Microsoft Office or…...