Key Takeaway:
Are you planning to build a SaaS product for your business? Do you want to learn about the core steps of building SaaS applications?
You are reading the correct post.
Being a leading SaaS services provider in Canada, we have experience in developing SaaS applications for multiple industries like healthcare, logistics, fintech, and manufacturing.
Based on our experience and extensive research, we have curated a complete guide on how to build a SaaS product.
By following this blog post, you get insights into the process of building cloud-based SaaS applications, the market size of SaaS applications, and later on the cost of SaaS software development.
Let’s get started.
Table of Contents
Before you learn about the core process of developing a cloud-based SaaS application, let’s know the market statistics of the SaaS industry which helps to plan your SaaS app development effectively.
Here are the statistics on the SaaS market that provides insights into the growth of the SaaS industry.
The above statistics indicate a strong sign that investing in SaaS solutions offers a promising future. So, whether you are planning to build your own SaaS application or planning to switch all your systems to a SaaS platform, this is the right time. Let’s learn about the complete process of building your SaaS platform from scratch.
The process of SaaS development looks similar to the usual type of software development. But, the SaaS development process has its challenges due to its cloud-based nature. Follow these 8 steps that help you to create a tailored SaaS product as per your requirements.
Having a clear vision and understanding of the problem you want to solve with your SaaS product is of utmost importance. Most successful SaaS applications in the market target specific pain points in the market and resolve them. So, while defining your requirements or making a clear vision for your SaaS development, ask these questions to yourself.
Answers to all these questions help you define your SaaS project requirements. Remember, defining the requirements correctly is important. Following these questions help you to define the high-level requirements.
Understanding the overall market of SaaS applications or products helps you define the appropriate business strategies for your SaaS startup. Also, you get a proper understanding of how to build a SaaS product that has demand eventually in the competitive market. Let’s move to the next step which is shortlisting to find the right SaaS application development partner.
As you have shaped your SaaS product idea, now you need to find a reliable and technically efficient SaaS company that helps you with product development. Here are the key areas to look at while finalizing your software development partner.
By following these steps, you choose a company which is more than just a vendor who built your project; they are a partner in your SaaS journey. Your decision requires a rigorous approach and cursory attention when finding a reliable partner.
A detailed assessment, based on the above pointers ensures your SaaS product is built on a basis of technical expertise. Your software development partner comes on board and validates your idea, a step pivotal to realizing the tangible potential of your SaaS concept.
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Next, let’s say you partner with us. Within this stage, it’s time to validate your SaaS product idea. As your SaaS product development partner, we help you with evaluation and validation. Now, our business analyst follows the below process for validating your SaaS product idea.
These are the important points that your SaaS app development company follows to help with validating your concept. Further, the company lets you know if your idea is viable for further development or requires changes at the initial stage or how it can be improved. Once your idea is validated, the next business plan is prepared for your SaaS product idea.
This step is the core part of your SaaS app development journey which is creating a business plan and choosing the right tech stack for your product’s success. Having a plan helps you to determine how your SaaS app will function, scale, and integrate with other technologies. To provide you with a detailed idea of this step, here are the points.
By carefully preparing your business plan and selecting your tech stack, you lay a solid foundation for your SaaS product’s success. With this blueprint, you develop confidence in your potential investors and stakeholders. As you finalize these crucial steps, your next phase awaits: wireframing and examining the realm of UI/UX design.
In this fifth step, the visual and functional essence of your SaaS product is done. As your dedicated software development partner, we aim to bring your business idea to life by crafting a user-friendly and aesthetically appealing interface. Here are the steps we follow for creating an appealing wireframe and UI/UX for your SaaS development.
By creating a solid wireframe and user interface for your application, we shape your product that’s not only visually appealing but also functionally robust. Preparing an impeccable UI/UX is critical to the success of your SaaS app. Once your design is finalized, the core part of the SaaS software development process starts.
At this stage, our software development team starts with your SaaS application development. This is the phase where your validated idea and designs of your SaaS transform into tangible software. As your trusted software development partner, our priority is to ensure that your application isn’t just code-perfect but also meets the broader business and user goals. Here are the steps we follow to code your SaaS application and bring it into real-time.
Through accurate planning and methodical execution in the development phase, our project manager ensures your SaaS product is robust, scalable, and primed for market success. Within the next step, software testers of our expert development team thoroughly test your cloud-based solutions.
Further, our testing team ensures your SaaS application functions well. To make your SaaS application perform well, we test your cloud-based software from different aspects. If any bugs are detected, our SaaS developers fix them and aim to provide the best software that stands your decided requirements.
With our rigorous testing methodologies, we ensure that your SaaS product is market-ready, robust, and functions seamlessly. Once the SaaS products are built and rigorously tested, then they are deployed on the cloud servers. Let’s learn how the cloud-based SaaS application is deployed on the servers which becomes accessible to end-users around the users.
In this step, once the testing of your software as a service (SaaS) software is executed, further, we start the process of deploying your cloud-based SaaS software on your decided cloud services platform. We ensure to deliver your SaaS software smoothly on cloud servers with minimal disruptions. Further, once the deployment is done, we continuously maintain and monitor your application.
This is the entire SaaS development process we follow to bring your life into a real-time product. By following this entire process, we create powerful, reliable, and robust solutions. Now, you might be thinking about the costs of SaaS applications, right? Let’s learn about it in the next section.
The average cost to build a SaaS application or product ranges from $11,000 – $33,000 for a basic version. Overall, the cost depends on multiple factors of SaaS development, such as scope, complexity, architecture, cloud environment, third-party services, and location of a SaaS developer/developers you hire for your entire project.
If you want to learn in detail about the cost of SaaS product development, read our dedicated guide on the costs of SaaS application development. Next, let’s learn about the top examples of SaaS products or applications.
Here is a table that provides insights into the top examples of SaaS applications. By going through this table, you learn about the top SaaS companies and their products, features, and design, and why these apps are well-known worldwide.
Name of SaaS Application | Primary Function | Notable Features | SaaS Company |
---|---|---|---|
Customer Relationship Management (CRM) |
| Salesforce.com, Inc. | |
Team Collaboration & Communication |
| Slack Technologies | |
Cloud Storage |
| Dropbox, Inc. | |
Video Conferencing |
| Zoom Video Communications, Inc. | |
Marketing Automation |
| HubSpot, Inc. |
Want to Hire SaaS Developers for Your Project?
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Do you still have doubts regarding SaaS development or SaaS business model? Check our FAQ section.
Here is the method for licensing your SaaS application.
Here is the process you need to follow to convert your idea into a SaaS model.
The average time to build a basic or micro SaaS software ranges from 3 – 6 months. However, the timeline could change depending on various factors like scope, complexity, and the experience of your hired SaaS software, third-party integration, and the tech stack chosen for your SaaS application development.
Here is the list of popular and trusted websites to hire SaaS software engineers and developers.
Building a successful SaaS product is a meticulous journey that demands a clear vision, the right technical partnership, and continuous market alignment. Here is a summary of the overall steps crucial for your SaaS product development.
Are you looking to build your own SaaS product? Want to hire a dedicated team of SaaS developers? Contact us. As a leading software development company, we have experience building 300 custom software solutions from enterprises to start-ups. Remember, with the right steps and commitment, your software solution can be the next big thing. Ready to start your SaaS journey? Let’s build together.
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