Some skeptics might doubt the merits of SAAS, and they could back up their claims:

1️⃣ SAAS has become increasingly commoditized, with many companies offering similar services and prices, leading to a lack of differentiation and profitability.

2️⃣ And the rise of cloud computing and the increasing popularity of open-source software have made it easier for companies to build and deploy their own software, reducing their reliance on SAAS providers.

2️⃣ Additionally, the shift towards serverless computing and the adoption of containerization technologies like Kubernetes have further eroded the advantages of SaaS.

The evidence suggests that SaaS is likely to remain a major force in the software industry however. The global SaaS market is expected to grow from $195.8 billion in 2023 to $700 billion by 2030, at a CAGR of 21.4%.

Of course, there are always trade-offs. A 2023 survey by McKinsey & Company found that 60% of executives believe that their company's needs are too unique to be met by off-the-shelf SaaS solutions.