River Cities was early to identify the Software-as-a-Service (“SaaS”) business model as disruptive to legacy enterprise software applications and creating expanded addressable markets. SaaS represents a transformational delivery model for business software and associated data, both of which are hosted in the cloud and accessed via a web browser.
Demand for SaaS is driven by the need for customers to reduce IT-related costs, decrease deployment times and foster innovation. Another popular benefit is that most customers pay a subscription along the way, eliminating hefty upfront software license fees. All in all, the SaaS model extends more flexibility to customers, which is critical in an environment with economic uncertainty, changing workplaces and escalating expectations.
Having built a reputation as a successful SaaS investor and in an effort to more efficiently respond to inquiries from entrepreneurs and other investors, River Cities memorializes its thought leadership by publishing industry whitepapers. These reports have achieved viral distribution, having been accessed by hundreds of companies, investors and service providers in the SaaS arena. Read our most recent SaaS benchmark report here.
Click here for a case study on River Cities portfolio company SciQuest.