Fastest growing SaaS Companies in 2021

SaaS (Software as a service) companies are taking over the business world by storm. It is cost-effective and efficient, allowing businesses to be more tech-savvy. SaaS allows any software to be accessed via the internet by using any device.

Why should you use SaaS for your business?

In an age where almost every person on the planet uses a smartphone, utilizing SaaS is the way forward. Forbes predicts a $223 billion revenue projection for the year 2022, and the number will only keep rising.

SaaS transcends almost all industries and has proven its use to be a substantial contributor to market growth. If anything, the tech industry’s billions of revenue have racked from SaaS is proof enough that it is here to stay.

The fastest-growing SaaS companies in 2021

1. Zoom

Now a household name for the whole world, Zoom was a relief during the pandemic. Many workplaces and educational institutes depended on this site to host online meetings and classes. The company’s product guidance recorded an increase of 330%.

2. Slack

The Slack communication platform, an alternative to the now cumbersome email, is all the rage in workplaces. It is convenient and versatile and allows users to plan projects and communicate efficiently. The company has experienced immense growth in a matter of 4 years.

3. Tractable

Tractable is going up the SaaS and Insurtech ranks as a practical and reliable software for rental companies and insurance providers. The software accurately assesses vehicle collision damage using an AI algorithm. This will change the way automobile accidents are assessed for insurance claims and repairs.

4. Phyron

Phyron targets the e-commerce, automotive, and real estate industries, these heavily rely on content for product/service marketing. Phyron offers simple and quick video generation without time or cost restraints. The software can host, stream, and render videos in no time and perfectly serve small businesses.

5. UserPilot

A very useful tool for software developers to improve user adoption and build the perfect in-app experience for customers. The product experience tool fits seamlessly with any interface, it pushes users to complete any onboarding actions and discover new features. Integration of UserPilot provides improvements to the user experience in a matter of minutes.

6. Navotar Fleet Management Software

Navotar Fleet Management Software is specifically designed for vehicle rental businesses. The innovative software allows for better management of your fleet and business. From driver behavior reports to maintenance scheduling, it handles everything. The Navotar Fleet Management Software is a great option for start-up rental businesses.

7. roomMaster

This is a hotel property management system; the intuitive software allows hotel owners to cost-effectively manage their business. The software handles front-desk management, revenue management, housekeeping and maintenance, and more.

If you are a small business owner, using SaaS practices will help make considerable improvements to the workplace and client relationships. These software solutions are cost-effective and user-friendly, making them easily accessible.

Handling a car rental business is complicated as it is and utilizing other SaaS strategies apart from car rental software will help your business in the long run.

Are you already using SaaS software? Let us know by tweeting @RENTALLSoftware.