Mumbai: QR-driven horizontal SaaS solutions transform how businesses in India restructure their procedures and improve output. As the implementation of SaaS continues to flourish in the Indian business environment, the incorporation of QR codes into solutions is turning out to be a game-changer in offices, manufacturing units, commercial towers, business centres, coworking spaces, Schools, colleges, data centres, etc to name a few places.
The overall SaaS industry has been subject to significant development, with predictions representing a considerable growth from $237.48 billion in 2022 to $273.55 billion in 2023.
Introduction to QR-driven horizontal SaaS solutions
QR-powered SaaS solutions serve various industries and business operations across numerous verticals. They help diminish the net consumption of paper and consequently minimize paperwork throughout the organization. That's Horizontal SaaS! It’s plug-and-play, easy to use, easy to manage and monitor in a centralized manner across multiple sites, and asset-light and affordable.
71 per cent of corporations worldwide depend on SaaS model applications, solidifying their position as a fundamental facilitator for the digital revolution.
Growing adoption of horizontal SaaS
The SaaS revolution is in full swing in India. Businesses around the nation are embracing cloud-based solutions like never before. From start-ups to well-known organizations, from metros to tier 3, the whole world is embracing the SaaS trend to improve operational protocols, save capital expenditures, and remain ahead of the curve.
Further, money-saving, ease of use, and simple execution are the tip of the iceberg at this moment. With Horizontal SaaS, industries in India are gaining incentives for solutions that can get used to changing prerequisites without impacting the calculated financial expenditure of the organization.
Understanding the impact on productivity
1 Enhancing efficiency - By integrating QR codes into Horizontal SaaS solutions, establishments in India are not merely modernizing workflows but altering them to boost efficiency. Visualise staff members scanning a code and promptly retrieving the facts & figures or searching tools they require to complete the task – that's productivity at its best. A hardware-based solution, caters to one person at a time, in contrast, QR code-based solutions can handle multiple people at one time, save time, are asset-light, save money, and allow repetitive manual tasks to be automated, enhancing productivity. What more?! The Data gets verified digitally.
2 Measuring productivity gains - With QR-driven horizontal SaaS solutions, firms can track metrics, examine statistics, and observe first-hand the encouraging influence on the grassroots level.
In turn, the SaaS industry is anticipated to continue this remarkable curve, touching a projected $908.21 billion by 2030, displaying an 18.7 per cent compound annual growth rate (CAGR).
Key features and benefits
QR-driven solutions have a pool of features, from seamless integration with existing systems to real-time data access. In addition, the benefits speak for themselves. Enhanced efficiency, reduced errors, and secured data accessible on the go are just a few of the perks that come with adopting QR-driven solutions.
Overcoming challenges and implementation of best practices
Common Challenges
There is a lack of awareness about the benefits of cloud-based systems over on-premise systems, which incur a high cost and are difficult to manage, maintain, and upgrade.
Best Practices
To ensure a smooth transition and maximize the benefits of QR-driven SaaS, enterprises should focus on clear communication, stakeholder engagement, regular feedback loops, and training programs. By prioritizing user experience and providing ongoing support, organizations can optimize the implementation process and drive long-term success.
The Indian software as a service (SaaS) market is estimated to grow from $13 billion in 2022 to $25 billion by 2025, $35 billion by 2027, and $50 billion by 2030, as per a report by venture capital firm Bessemer Venture Partners (BVP). Finally, the incorporation of QR-driven horizontal SaaS solutions is in a position to push competence, production, and modernization across different segments of the Indian and Global business ecosystems. By leveraging the ability of QR codes in SaaS applications, ventures can enhance processes, heighten collaboration, and stay ahead in a progressively competitive market. As corporations persist in embracing digital transformation, the perspective of QR-driven solutions in India stays positive, presenting promising opportunities for progress and advancement in the ever-evolving business landscape.
The article has been authored by Qudify co-founder and chief business officer Akshat Tripathi.
