Description
Over the last decade, the rise of software-as-a-service (or SaaS) has dramatically transformed the software industry and the myriad enterprises it serves. As the pace of digital transformation and growth of cloud computing has accelerated, SaaS has rapidly become the software-delivery model of choice and preferred alternative to legacy, on-premise products. This paradigm shift to an on-demand, subscription-based model opens up a number of opportunities for new entrants and start-ups to make their mark in the sector, and India is one market particularly well positioned to do so. Earlier this year, SaaSBOOMi, a community of founders of Indian SaaS companies, released a report, Shaping India’s SaaS Landscape, that sought to quantify the country’s opportunities in SaaS and identify specific measures for how the industry could reach its full potential. Today, two guests who were involved with the report join us to discuss the challenges and opportunities facing the burgeoning SaaS sector in India. Manav Garg is the founder of SaaSBOOMi and the Founder and CEO of Eka Software Solutions, a cloud-based enterprise solutions provider. Sid Tandon is a partner in McKinsey’s Silicon Valley office, where he serves executives and boards of technology, media and telecom (TMT) companies on strategic and value creation efforts.