Are you a young entrepreneur looking forward to launching your idea? Are you confused about the software platform that you need to choose so that your business works seamlessly and within your shoestring budget? Doubt no more since SaaS or ‘software as a service’ will be the right choice and we will tell you why.

   According to Wikipedia, SaaS or software as a service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as “on-demand software” and Web-based or Web-hosted software.

   Unlike traditional software, which is conventionally sold as a perpetual license, SaaS providers generally price their applications using a subscription fee, most commonly a monthly fee or an annual fee. This is one model that is gaining popularity over the years and constantly increasing its share in the software market. The SaaS model....