Remove 2005 Remove Payment Methods Remove Underperforming Technical Team Remove Venture Capital
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. Recurring payments. Recurring payments take the form of monthly recurring revenue, otherwise known as MRR. In SaaS, clients do not buy hardware. Consistent updates.

article thumbnail

38 Bright Asian SaaS Stars

SaaStock

Notey Labs create digital solutions to help companies handle international online space. Ultrasite is a global website builder, Chinafy is a tool for making websites China-compatible, and Connect is their collaborative content management platform for brands. ViSenze recommends items to customers on websites and social media.