The way forward for enterprise lies in SaaS, that’s, software program as a service. The previous emphasis of the tech business on native software program has lengthy since given means. Now, we’re seeing a quickly rising cloud computing market. And that’s why we’ve rounded up 10 of one of the best SaaS firms in the marketplace in 2022.
In 2022, most companies depend on on-demand SaaS options to satisfy wants as various as advertising, accounting, and communication.
It ought to due to this fact not come as a shock that the variety of SaaS firms is skyrocketing, with quite a few startups launched day by day. Nevertheless, veteran software program firms are additionally reworking their merchandise and reinventing themselves as SaaS contenders.
For buyers, the SaaS market holds large alternatives. In 2022, world end-user spending on SaaS options is estimated to achieve $172 billion, according to Statista. And there is no peak in sight.
Our 2022 selection was based on these companies’ current size and growth trends, as well as how pervasive their products are in today’s business world.
Together, these are the companies who dominate the SaaS market and those making up the most promising newcomers in the sphere. And here they are!
* This list is not sponsored. The companies are listed in no particular order *
1 – Adobe
Topping this list is Adobe with its Creative Cloud, the go-to SaaS solution for graphic designers and video editors. It includes staples such as Photoshop, Adobe Premiere, Lightroom, and basic applications like Adobe’s PDF editor.
Creative Cloud allows countless businesses – from big-brand firms to freelance graphic designers – to create layouts, edit photos, design logos, and manage PDF documents. Adobe’s cloud storage library also allows teams to collaborate remotely. Two years ago, the company has supercharged the offer by launching Adobe Sensei, an AI design solution.
Overall, there are few businesses whose marketing campaigns can do without Creative Cloud.
Adobe’s revenue from Creative Cloud has been rising steadily – from $5.34 billion in 2018 to $9.55 billion in 2021. In 2021 alone, Artistic Cloud income grew by 23%.
2 – Microsoft
Subsequent up, Microsoft is one other software program veteran that efficiently navigated the transition to the SaaS sphere. It remodeled its native Workplace suite into Microsoft 365, a ubiquitous cloud collaboration device.
Microsoft 365 supplies safe cloud information storage and a variety of instruments which might be elementary to the operations of just about any enterprise. It’s honest to say that there are few individuals in at present’s enterprise world who hasn’t written a report in Phrase, put collectively a presentation in PowerPoint, or tried to make sense of a spreadsheet in Excel.
As well as, Microsoft expanded into the collaboration and communication market. In 2017, it launched Microsoft Groups, which turned a staple amongst distant employees throughout the pandemic.
The corporate’s revenues from Microsoft 365 are repeatedly growing. In keeping with recent figures, income jumped by $7.5 billion (16%) in This autumn 2021. Other than being among the finest SaaS firms in 2022, this additionally makes it one of the vital worthwhile.
3 – Google
While you say distant collaboration, you say Google Office (previously G Suite).
That is Google’s problem to Microsoft 365 and related provides. It features a very related set of options. You’ll be able to edit textual content paperwork in Google Docs, spreadsheets in Sheets, and shows in Slides. Google Calendar lets you preserve monitor of your appointments, and Gmail manages your messages. In case you want a video conferencing answer, Google Meet has you lined.
Particularly throughout the pandemic and the overall shift to distant operations, Google Office noticed an enormous surge. Now, it’s the usual distant collaboration platform for numerous companies and freelancers.
In 2021, Google’s quarterly cloud income grew by 54%, to $4.63 billion.
4 – ProtonVPN
Mixing issues up somewhat is ProtonVPN. Not like the earlier entries on PakWired’s 2022 record of one of the best SaaS firms, ProtonVPN shouldn’t be a long-established firm, however a startup.
Based in 2016 and primarily based in Switzerland, this firm supplies a VPN (digital non-public community) service. VPNs assist clients encrypt their web visitors and preserve their information secure. Within the face of rising cybersecurity threats, that is changing into more and more important.
According to ExplodingTopics, ProtonVPN’s visitors skyrocketed over the previous 5 years, growing by over 100 instances, topping out at 110 Okay within the US alone.
5 – Salesforce
Again in solidly established SaaS waters, Salesforce ranks on our record due to its standing as the usual CRM device within the enterprise sphere. CRM stands for buyer relationship administration.
A CRM device permits companies to maintain tabs on their clients – their purchases, response to promoting, and interactions with customer support. In the end, the insights that firms can get from CRM information will help them optimize their workflow and outreach campaigns and so develop their revenues.
One among Salesforce’s sturdy factors can be that it provides third-party integrations with an enormous variety of different enterprise platforms, from electronic mail advertising to job administration. As the primary main SaaS provide constructed from scratch, it has the advantage of lengthy expertise.
Salesforce itself can boast of an annual income of almost $26 billion.
6 – SEMrush
On the earth of digital advertising, there are few SaaS instruments better-established than SEMrush. This device permits firms to get forward on SEO (web optimization) and content material advertising.
SEMrush supplies insights into numerous sources of web visitors, in addition to the efficiency of companies’ personal web sites and people of their opponents. Entrepreneurs additionally use the device to analysis which search phrases are trending on Google and will assist drive clients to their websites.
As well as, SEMrush supplies instruments for outreach and content material advertising, social media integrations, and paid promoting options.
It maintains a database of 17 billion search terms, 580 million domains, and 500 terabytes of visitors information from 190 nations, outperforming main opponents like Ahrefs and Moz.
7 – Mailchimp
Subsequent up is among the most-used electronic mail advertising options, which has additionally earned its spot on our record of one of the best SaaS firms.
Based in 2001, it permits customers to ship out electronic mail advertising campaigns and to construct touchdown pages for his or her services and products.
Nevertheless, the vary of Mailchimp’s options extends a lot additional. It consists of advanced automated messaging set-ups, detailed statistics and analytics insights, and segmentation of recipients. Moreover, Mailchimp provides integration to main CRM instruments, in addition to platforms like Google Analytics.
In 2021, the corporate was acquired by Intuit for a whopping $12 billion. Its annual income in 2020 was simply above $800 million, outstripping opponents like SendInblue and ActiveCampaign.
8 – Zoom
Seeing Zoom on our 2022 record of one of the best SaaS firms ought to come as no shock.
There are few different gamers within the SaaS markets that noticed as large a increase as this video conferencing supplier throughout the pandemic. Or which have develop into as important a staple within the enterprise world.
By March 2020, Zoom was dealing with 200 million day by day video calls. By autumn, the common usage of the verb “to zoom” had vaulted the corporate into the realm of giants like Kleenex, FedEx, Google, and Photoshop.
Rivals like Microsoft Groups, Google Meet and rookies like Jitsi and Massive Blue Button have tried to contend for Zoom’s prime spot within the videoconferencing world, however with restricted success.
Zoom’s main benefits are its dependable connection, versatile options, simple usability, and light-weight software program. Partly, that is because of the firm’s origins. Its founder, Eric Yuan, wished to create an easy approach to talk together with his girlfriend (now his spouse), who was learning at a college throughout the nation.
In early 2022, Zoom’s quarterly income is at just over $1 billion, according to Statista.
9 – Atlassian
It is a large SaaS participant that you simply won’t have heard of below its personal identify. Nevertheless, a few of its merchandise’ names are sure to be acquainted, resembling Jira and Trello.
Jira is a posh venture administration platform, particularly aimed toward agile improvement groups. Trello, in distinction, is a extra broad-spectrum workforce collaboration and venture administration app. Based mostly on boards and playing cards, it permits groups to coordinate duties and handle workflows.
Like different SaaS firms on this record, Atlassian noticed a lift throughout the pandemic, when distant operations made higher venture administration options crucial.
Its 2021 annual income tallied in at just over $2 billion, up virtually 30% from the earlier 12 months.
10 – Grammarly
The ultimate entry on this record comes from a fairly totally different nook. Grammarly is a SaaS supplier that makes a speciality of AI-based textual content enhancement. It helps customers generate grammatically appropriate content material throughout all kinds of enterprise contexts, from electronic mail campaigns to business whitepapers.
To this finish, Grammarly harnesses synthetic intelligence, particularly pure language processing (NLP). Based mostly on this expertise, the device can enhance readability, and generate options on fashion and phrase decisions.
You’ll be able to both use Grammarly in its personal app, or set up it as an extension for platforms resembling Microsoft Phrase and Chrome.
Contemplating the dominance of English as a language of companies, and the comparatively small fraction of native English audio system on this planet, Grammarly’s success is hardly stunning.
Worldwide, Grammarly has over 30 million daily users.
In 2021, it raised over $200 million at a $13 billion valuation to additional enhance its writing AI.
The SaaS area is hyper-competitive and in fixed flux. The businesses on this record have managed to navigate it efficiently and switch their merchandise into omnipresent enterprise staples.
Do you agree with our rating? Or nonetheless suppose we’ve left an necessary contender out? Tell us your prime picks for one of the best SaaS firms of 2022 within the feedback!