What are the pros and cons of SaaS vs custom software?

What are the pros and cons of SaaS vs custom software?

SaaS is generally more cost-effective and quicker to deploy, while custom software offers tailored solutions but can be expensive.

Can you break down the cost differences between the two?

Sure! SaaS typically has a subscription model, which can range from $10 to $500 per month, while custom software can cost thousands to millions upfront.

What about maintenance costs?

SaaS usually includes maintenance in the subscription fee, while custom software requires ongoing support and updates, adding to long-term costs.

Which option is better for a startup?

For startups, SaaS is often better due to lower initial costs and faster implementation, allowing for flexibility as the business grows.

Are there any specific industries that benefit more from custom software?

Yes, industries with unique processes or regulatory requirements, like healthcare or finance, often benefit more from custom solutions.