These types of software applications are becoming more and more standard in many companies, as they offer many advantages. In contrast to classic software solutions, SaaS applications, for example, do not need to be maintained and the customer does not have to worry about server problems. This saves a lot of unnecessary stress.
Pacemaker is also in the final stages of launching a forecasting SaaS on the market. There is therefore much to expect at the end of the year!
What is Software as a Service (SaaS)?
Software as a Service, or SaaS for short, is one of the most popular forms of cloud computing. The SaaS model is based on the basic idea that the corresponding software and IT infrastructure is offered and operated by an external service provider. This means that the customer is used online, no local installation of the application is required. As with other cloud services, organizations pay the provider a monthly or yearly fee for the SaaS application, which can also be easily canceled again.
In short: With a SaaS product, companies can easily use a software application online for a fee. Well-known examples of SaaS include Google G Suite or Microsoft Office 365.
Benefits of software as a service products at a glance
SaaS is becoming increasingly popular — more and more companies want to convert most of their apps and applications to SaaS (see Gartner, 2018). Not without reason, as SaaS offers many benefits:
- Quick and easy introduction: Companies don't have to install the applications on their own systems. This reduces costs for hardware purchases and maintenance as well as software licenses and support.
- flexibility: SaaS applications can be subscribed and canceled as needed. In addition, there are no spatial restrictions on the use of the application due to online availability in the cloud (possible via any networked device).
- scalability: If required, users can make greater use of individual services or functions, as with other cloud services. Customers usually only pay for what they use.
- Automatic updates: The provider automatically takes care of all updates. The customer doesn't have to worry about new releases or patches, let alone worry about them.
- Timely optimizations: These are done automatically based on user feedback.
- Highest level of security for all customers
- Low configuration and infrastructure costs: The provider takes care of configuring and maintaining the software. This saves the company many costs and efforts.
The pacemaker and SaaS — demand forecasting
pacemaker has been offering an efficient forecasting solution for companies for quite some time — pacemaker Demand Forecasting. This has already been used successfully in many applications, especially when more traditional planning approaches, often based on Excel, were no longer sufficient for the desired accuracy. With pacemaker Demand Forecasting, the user receives software that automatically selects the one that delivers the best result from more than 10 of the most advanced machine learning algorithms. In order to enable company-wide, uniform planning and quality of business processes, pacemaker Demand Forecasting was developed in such a way that data from various specialist departments can be integrated into the planning process. In this way, you always get the best possible accuracy in sales forecasting. In short — pacemaker demand forecasting is as flexible as the data from companies and their day-to-day business.
Based on the above-mentioned benefits for companies through SaaS offerings, pacemaker is currently in the final stages of development to bring the Demand Forecast solution to market as a SaaS product.
Our SaaS forecasting solution makes things easier than ever for our customers and at the same time offers the highest quality standards:
- Updates are carried out automatically
- pacemaker provides complete technical support
- simple and scalable at any time
- stable performance
It will be ready by the end of the year!
Would you like to learn more about our SaaS forecast solution now?
Send us a message at info@pacemaker.ai
We will get back to you as soon as possible.