article thumbnail

Understanding the SaaS business model

ProfitWell

Ever since John Koenig first coined the term “SaaS” back in 2005, the software-as-a-service industry has been one of the fastest-moving and creative in the world. The SaaS business model powering all of this activity is startlingly unique, still young, and inextricably tied to the power of cloud computing. Recurring payments.

article thumbnail

What’s New at Automattic and WordPress with Co-founder and CEO Matt Mullenweg

SaaStr

This is where Matt believes AI is useful and will start to help. What’s the Business Model Behind Automattic and WordPress? A year later, they created Automattic as a commercial services business around WordPress. Now, Woo is an open-source style Shopify and their largest business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Salesforce’s Mike Kreaden on how to build a platform to drive growth

Intercom, Inc.

He joined me for a chat that ranged from the role of AI to how they choose startups to incubate. Customer nurturing now starts from the first touch, and AI can help with that. So in 2005 when we announced the AppExchange, we actually had at that point 70 applications that would then be ready for launch in January. Short on time?

Scale 151
article thumbnail

Unlocking the Power of the Blue Ocean Strategy: A Comprehensive Guide for SaaS Businesses [2023]

User Pilot

Definition and Origin The concept of blue ocean strategy was first introduced in the 2005 book “ Blue Ocean Strategy : How to Create Uncontested Market Space and Make Competition Irrelevant” by professors W. Risk avoidance – Firms are unwilling to pivot from existing business models that still produce revenue.

article thumbnail

Unlocking the Power of the Blue Ocean Strategy: A Comprehensive Guide for SaaS Businesses [2023]

User Pilot

Definition and Origin The concept of blue ocean strategy was first introduced in the 2005 book " Blue Ocean Strategy : How to Create Uncontested Market Space and Make Competition Irrelevant" by professors W. Risk avoidance – Firms are unwilling to pivot from existing business models that still produce revenue.

article thumbnail

How Founders Can Take Control of Their Destiny with Tradeshift (video + transcript)

SaaStr

Tradeshift has grown to 650+ people with offices in 12 countries from its start as a mere vision in 2005. All of this leads to a business model which I think is the emerging post-SaaS business model, which is really you get SaaS enterprise customers like we do. Want to see more content like this?

article thumbnail

Learning to Love the Art of Sales (As a Technical Founder) with Ross Mason, Founder of MuleSoft (Europa Video + Transcript)

SaaStr

I was hearing UiPath right before here talking about how you run everything through their platform, layer on some AI, and voila, you’ve got more automated and better processes. Ross : I think probably the biggest evolution, actually, is this understanding that software in a silo isn’t working for businesses.