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Software as a Service


Many vendors and customers nowadays have migrated to a ‘software as a service’ business model. Software as a service, or 'SaaS', is a software application delivery model by which an enterprise vendor develops a web-based software application, and then hosts and operates that application over the Internet for use by its customers.

SaaS becomes the business model of choice

The model is very popular. SaaS’ promise of flexible pricing has made it attractive to companies with limited IT resources or that need to reduce their IT costs without compromising the performance of services and applications that are essential to their business. First, as the software is hosted remotely, customers do not need to invest in additional hardware. Further, it eliminates the need for small businesses to have to deal with installation, set-up, daily upkeep and maintenance. Upfront costs tend be lower, deployment is faster and cheaper, and SaaS does not require additional server hardware investments or dedicated staff.

Security of hosted services crucial for success

A vital facet of online services is how vendors keep their data secure. By default, hosted applications offer simple log-on procedures using single factor authentication. Users log-on using a username and static password, such as the name of their favorite pet. Such passwords however, are very vulnerable as they are easy to obtain or intercept and don’t provide sufficient protection against data theft through phishing and key logging attempts. And what if an employee leaves the company for a job with a competitor and uses his old password to access the previous organization’s business critical data? Not to mention that static passwords can easily be shared between colleagues, which may result in revenue loss for SaaS-providers.

VASCO Solutions

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Benefits of using VASCO strong user authentication