# SaaS * **Definition:** Software as a Service (SaaS) is a software distribution model in which applications are hosted by a service provider and made available to customers over the internet, specifically designed to support healthcare providers, administrators, and other stakeholders in managing operations, patient care, and regulatory compliance. * **Taxonomy:** CTO Topics / SaaS ## News * Selected news on the topic of **SaaS**, for healthcare technology leaders * 21K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/16/2025 | [**Medical SaaS System Market Size, Trends, Strategic Leaders & Segment Winners 2033**](https://www.linkedin.com/pulse/medical-saas-system-market-size-trends-strategic-leaders-yxxse) | [[Linkedin]] | | 4/9/2025 | [**Interactive EQ Launches SaaS IEQ, the AI-based Talent Assessment & Development ...**](https://finance.yahoo.com/news/interactive-eq-launches-saas-ieq-133000366.html) | [[Yahoo Finance]] | | 2/19/2025 | [**How AI Agents Will Help Transform Traditional SaaS to AI SaaS Platforms - Medium**](https://medium.com/@adare_55556/how-ai-agents-will-help-transform-traditional-saas-to-ai-saas-platforms-10dc568e6b78) | [[Medium]] | | 2/13/2025 | [**Grip Security Launches Industry's Only SaaS Security Posture Management Solution Built ...**](https://finance.yahoo.com/news/grip-security-launches-industry-only-140000215.html) | [[Yahoo Finance]] | | 2/11/2025 | [**ControlUp Launches ControlUp for Apps, Expands DEX Platform Support for SaaS and Web ...**](https://finance.yahoo.com/news/controlup-launches-controlup-apps-expands-140500758.html) | [[Yahoo Finance]] | | 1/31/2025 | [**Software as a Service (SaaS) Market to Grow by USD 562.6 Billion (2025-2029 ... - PR Newswire**](https://www.prnewswire.com/news-releases/software-as-a-service-saas-market-to-grow-by-usd-562-6-billion-2025-2029-driven-by-rising-mobile-app-usage-with-ai-impacting-market-trends---technavio-302364484.html) | [[PR Newswire]] | | 1/22/2025 | [**Valence Security Expands Leading SaaS Security Platform with SaaS Discovery to Uncover Shadow IT and Manage SaaS Sprawl**](https://markets.businessinsider.com/news/stocks/valence-security-expands-leading-saas-security-platform-with-saas-discovery-to-uncover-shadow-it-and-manage-saas-sprawl-1034254577) | [[Business Insider Markets]] | | 1/16/2025 | [**2025 SaaS Management Index Reveals First Increase in Average SaaS Spend in Three ... - PRWeb**](https://www.prweb.com/releases/2025-saas-management-index-reveals-first-increase-in-average-saas-spend-in-three-years-amid-rising-vendor-costs-and-rapid-ai-adoption-302351642.html) | [[PRWeb]] | | 1/5/2025 | [**The Future of SaaS. SaaS (Software as a Service) market is… - by AK - Jan, 2025 - Medium**](https://medium.com/@aroonnyc/the-future-of-saas-e7a088504d9f) | [[Medium]] | | 12/30/2024 | [**Transforming Patient Care: The Power of Healthcare SaaS - by Nithin Synclovis - Medium**](https://medium.com/@nithin.sethu/transforming-patient-care-the-power-of-healthcare-saas-a42093c486ce) | [[Medium]] | | 12/21/2024 | [**Industry Revenue Insights and Market Worth with a Projected CAGR of 8.7or 2024 to 2031**](https://www.linkedin.com/pulse/exploring-medical-saas-system-market-industry-revenue-insights-zmsxf) | [[Linkedin]] | | 12/18/2024 | [**Is SaaS dead? Not quite, but it's evolving rapidly - CIO**](https://www.cio.com/article/3627921/is-saas-dead-not-quite-but-its-evolving-rapidly.html) | [[CIO]] | | 12/6/2024 | [**The Benefits of SaaS in Healthcare: Transforming the Future of Patient Care - Medium**](https://medium.com/@thepraisestevens/the-benefits-of-saas-in-healthcare-transforming-the-future-of-patient-care-f4932a247122) | [[Medium]] | | 11/27/2024 | [**Comprehensive Examination of the Healthcare Software As A Service Market - LinkedIn**](https://www.linkedin.com/pulse/comprehensive-examination-healthcare-software-service-bpitc) | [[Linkedin]] | | 11/11/2024 | [**Healthcare Cloud Computing Market to Grow by USD 98.6 Billion from 2024-2028, as Integrated Services Drive Demand with AI-Powered Market Evolution - Technavio**](https://www.prnewswire.com/news-releases/healthcare-cloud-computing-market-to-grow-by-usd-98-6-billion-from-2024-2028--as-integrated-services-drive-demand-with-ai-powered-market-evolution---technavio-302300785.html) | [[PR Newswire]] | | 11/7/2024 | [**AppOmni and Cisco Partner to Extend SaaS Security with End-to-End Zero Trust From Endpoint to the Application**](http://www.businesswire.com/news/home/20241107350434/en/AppOmni-and-Cisco-Partner-to-Extend-SaaS-Security-with-End-to-End-Zero-Trust-From-Endpoint-to-the-Application/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ==) | [[Business Wire]] | | 10/22/2024 | [**Healthcare SaaS Market Revolution: Size, Share & Emerging Trends (2024 - 2031)**](https://www.linkedin.com/pulse/healthcare-saas-market-revolution-size-share-emerging-trends-fizpf) | [[Linkedin]] | | 10/22/2024 | [**The Medical SaaS System Market: Refracting Market Trends and Consumer Behaviors (2024-2031)**](https://www.linkedin.com/pulse/medical-saas-system-market-refracting-trends-consumer-82rge) | [[Linkedin]] | | 10/15/2024 | [**PricingSaaS Announces 2024 Q4 Benchmark Report on SaaS Pricing Trends - PRWeb**](https://www.prweb.com/releases/pricingsaas-announces-2024-q4-benchmark-report-on-saas-pricing-trends-302274902.html) | [[PRWeb]] | | 9/17/2024 | [**AI SaaS Product Development Cost - A Complete Guide - Appinventiv**](https://appinventiv.com/blog/ai-saas-product-development-cost/) | appinventiv.com | | 9/16/2024 | [**ET Startup Awards 2024: Nominees for Startup of the Year - MSN**](http://www.msn.com/en-in/news/other/et-startup-awards-2024-nominees-for-startup-of-the-year/ar-AA1qlXyS?ocid=BingNewsVerp&apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1) | msn.com | | 8/13/2024 | [**Zylo Unveils Zylo Discover, Industry's First Standalone SaaS Discovery & Inventory Solution ...**](https://www.prweb.com/releases/zylo-unveils-zylo-discover-industrys-first-standalone-saas-discovery--inventory-solution-empowering-enterprises-with-a-complete-saas-system-of-record-302221008.html) | [[PRWeb]] | | 7/19/2024 | [**SaaS in Action: Real-World Applications in Diverse Industries - Teamcubate**](https://teamcubate.com/blogs/saas-in-various-industries) | teamcubate.com | | 6/28/2024 | [**SaaS for Healthcare - The Most Comprehensive Guide - TECHVIFY Software**](https://techvify-software.com/saas-for-healthcare/) | techvify-software.com | | 12/30/2022 | [**6 Industry Trends That Will Drive The SaaS Industry In 2023**](https://inc42.com/resources/6-industry-trends-that-will-drive-the-saas-industry-in-2023/) | inc42.com | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Alphabet**: A major player in the SaaS market, providing cloud computing services and applications. - **Adaptive Shield**: Provides SaaS Security Posture Management (SSPM) solutions to help organizations manage security risks associated with SaaS applications. - **GoSaaS**: Provider of Oracle Cloud-driven digital solutions, focusing on enhancing business outcomes through cloud technologies. - **JumpCloud**: Launched a SaaS management solution to help IT teams manage and secure their SaaS usage. - **Microsoft**: A leading provider of SaaS solutions, particularly in productivity and collaboration tools. - **Josys**: A SaaS management platform that improves organizational SaaS security and access governance. - **IBM**: Offers a range of SaaS applications, focusing on enterprise solutions and cloud services. - **Grip Security**: Introduced the first SaaS Security Posture Management (SSPM) solution to enhance SaaS security. - **USU GmbH**: A software and service provider that acquired saasmetrix to strengthen its SaaS management capabilities. - **VSee Health**: Offers a SaaS platform for telehealth, enhancing patient access and healthcare delivery. - **Onymos**: A company that published the SaaS Disruption Report, highlighting security concerns in SaaS for application and software development. - **Wing Security**: A leading provider of cybersecurity solutions focused on protecting organizations from threats related to SaaS applications. - **BetterCloud**: A SaaS Lifecycle Management platform that enhances file sharing governance and security. - **Zylo**: A SaaS management platform that released its 2025 SaaS Management Index, analyzing SaaS spending and adoption. - **Vasion**: Provides a cloud-based SaaS automation platform for print management, emphasizing security and cost reduction. - **ControlUp**: A company that launched ControlUp for Apps, enhancing visibility and management of SaaS applications. ### Partnerships and Collaborations - **Vasion and Carahsoft Technology Corp.**: A strategic partnership to distribute Vasion's cloud-based SaaS automation platform to the Public Sector. - **Wing Security and Cloud Security Alliance**: Collaborated to release a survey report on SaaS security challenges faced by mid-market organizations. - **ConcertAI and TeraRecon**: Launch of a cloud-based SaaS version of TeraRecon's AI-enabled modules to enhance accessibility for healthcare providers. - **Grip Security and IDMWORKS**: A strategic partnership to provide comprehensive IAM solutions for organizations adopting SaaS applications. - **Ocrolus and LendSaaS**: Partnership to enhance Merchant Cash Advance origination through AI-driven document analysis. - **Cisco and AppOmni**: Partnership to integrate AppOmni's security solutions with Cisco's Security Service Edge technology, enhancing SaaS application security. - **VSee Health and SkywardRx**: Partnering to enhance telehealth and billing services for nonprofit and corporate clients, aiming to improve healthcare delivery. - **Josys and Okta**: Josys integrates with Okta for enhanced app visibility, allowing for better discovery and monitoring of SaaS applications. - **Samplemed Group and dacadoo**: Strategic partnership to enhance health data analytics through the integration of dacadoo's Risk Engine into Samplemed's SaaS platform. - **1NCE and Amazon Web Services (AWS)**: Collaboration to enhance 1NCE's software platform for IoT, improving availability and reliability. - **Simplify Healthcare and Innova Solutions**: A partnership aimed at enhancing operational efficiency and member experience for healthcare payers. - **MDaudit and various healthcare organizations**: Collaborating to implement AI-driven solutions that enhance revenue cycle management and compliance. - **1m and Banner Health**: 1m raised $10 million in Series A financing led by Banner Health to enhance its SaaS platform for healthcare risk management. - **Glytec and TidalHealth**: Collaborated to enhance diabetes management through cloud-based insulin management solutions. - **AppOmni and Cisco**: Partnered to integrate Zero Trust Posture Management with Cisco's Security Service Edge technology. ### Innovations, Trends, and Initiatives - **Vertical SaaS**: Emergence of SaaS solutions tailored for specific industries, such as healthcare, offering customizable features. - **SaaS in Clinical Trials**: SaaS solutions are increasingly utilized in clinical trials to enhance efficiency and data accuracy, representing 30% of the market. - **SaaS Pulse**: A free tool launched by Wing Security for SaaS security management, providing continuous monitoring and actionable insights. - **Subscription-Based Models**: A significant trend in the SaaS market, allowing for flexible pricing and access to software. - **SaaS Growth in Healthcare**: The healthcare cloud computing market is projected to grow significantly, driven by the adoption of SaaS for data management and patient care. - **SaaS Security Trends**: Reports indicate that MSPs using SaaS Alerts experience fewer account compromises, highlighting the importance of security in SaaS applications. - **Emerging SaaS Trends**: The SaaS market is expected to grow significantly, with a focus on industry-specific solutions and micro SaaS applications. - **SaaS Security Posture Management**: Grip Security's SSPM solution focuses on visibility and automation to enhance SaaS security. - **AI in SaaS**: The rise of AI is transforming traditional SaaS models, leading to the development of AI-enhanced SaaS platforms. - **Data-Driven Insights in SaaS**: SaaS companies are increasingly leveraging data to personalize offerings, optimize sales strategies, and improve customer engagement. - **Vertical SaaS Solutions**: Tailored SaaS solutions for specific industries are gaining traction, addressing unique sector challenges. - **AI Integration**: SaaS companies are increasingly integrating AI to personalize offerings and streamline operations. - **Mobile SaaS Growth**: Anticipated growth among SMEs as subscription-based models become more prevalent. - **Healthcare SaaS Growth**: The global healthcare cloud computing market is projected to grow significantly, driven by the adoption of SaaS applications like electronic medical records and telemedicine. - **Telehealth Services**: The demand for telehealth services is rising, making it the fastest-growing application in the healthcare SaaS market. - **Healthcare Cloud Computing Market**: Projected to grow significantly, with SaaS dominating the segment due to cost-efficiency and operational benefits. - **AI SaaS Products**: The global AI SaaS market is projected to grow significantly, reflecting a demand for AI-driven solutions across various industries. - **Healthcare SaaS Market Growth**: Projected to grow at a CAGR of 14.7% from 2024 to 2031, driven by the demand for operational efficiency and improved patient outcomes. ### Challenges and Concerns - **SaaS Security Breaches**: A significant percentage of organizations reported experiencing SaaS breaches, highlighting the need for improved security practices. - **SaaS Management**: Organizations face challenges in managing multiple SaaS applications, leading to wasted licenses and security risks associated with shadow IT. - **SaaS Sprawl**: Organizations struggle with managing SaaS sprawl and shadow IT, leading to potential compliance issues and data breaches. - **SaaS Security Risks**: Organizations face challenges in managing misconfigurations and AI-driven threats, with many lacking resources for effective mitigation. - **Cloud Security**: Despite the benefits of SaaS, security remains a primary concern for healthcare organizations, with many citing it as a barrier to cloud adoption. - **Data Security**: SaaS companies must address concerns regarding data security, privacy measures, and compliance to build trust with customers. - **Data Privacy and Compliance**: Enterprises face challenges in maintaining data privacy and compliance due to the increasing number of SaaS applications. - **Regulatory Compliance**: SaaS companies in healthcare face stringent regulatory requirements and data security concerns that can hinder growth. - **Cybersecurity Risks**: Organizations face heightened risks of cyber incidents and overspending due to lack of visibility in managing SaaS applications. - **Market Saturation**: As the SaaS market becomes more saturated, companies must innovate and effectively reach potential customers to remain competitive. - **Compliance Requirements**: Growing compliance requirements are cited as a top challenge for organizations in protecting their SaaS data. - **Integration Complexity**: Integrating SaaS applications with existing systems can be complex and may require specialized skills, posing challenges for organizations. - **Compliance Costs**: Healthcare organizations face challenges in maintaining compliance with regulations like 21 CFR Part 11 and EU GDPR in SaaS environments. - **AI Disruption**: The transition to AI-first models poses threats to traditional SaaS players, potentially reducing demand for SaaS software seats. - **Customization Limitations**: SaaS and COTS applications often have limited customization potential, which can diminish their advantages over custom development. - **Data Protection Confidence**: A survey revealed that only 28% of executives expressed high confidence in their SaaS data protection measures, indicating widespread concerns. ## Related Topics [[SaaS Solutions]]; [[Healthcare SaaS]]; [[Healthcare Software as a Service]]