If you need to choose the data management software, there are two options: enterprise software and software-as-a-service (SaaS). In a few words, the enterprise software defines software that your organization buys, while SaaS is the software your company rents and keeps in the Cloud. In this article, we will give you a general view of the main differences between enterprise software and SaaS.
The Ability to Customize the Software
With the enterprise software, your company will have the opportunity to customize it. As you buy it, you can customize according to your organization needs while with SaaS software, the ability to customize is limited and depends on what tools SaaS is offering.
Installation/Upgrade
In this case, SaaS has more advantages as this software doesn't require maintenance. All updates occur automatically, while in the enterprise software you will need to make upgrades on your own and have more difficulties in the installation process.
Cost
Companies choose SaaS instead of the enterprise software due to its lower cost. Enterprise software requires more services like maintenance, licensing, customization. Consequently, monthly fees and other initial costs will be higher than SaaS.
In the following infographics, there is a comparison between the Enterprise and SaaS software:
Depending on your company's needs and capabilities, you may choose Enterprise or SaaS software. If you are sure that SaaS capabilities cover your company's requirements, go with SaaS. If you know for sure that you will need to customize it a lot, go with Enterprise Software.