Open Source/ SAAS

Several key business drivers are putting open source software at the center of business strategy. Unlike commercially licensed software, open source software offers lower total cost of ownership, enhanced interoperability, faster time-to-market and technology transparency.

Furthermore, open source enables IT companies to access expert resources and components that accelerate the development and release process. Loop Methods has the tools, processes and expertise to help software companies develop innovative open source products quickly and cost-effectively.

Today, more software companies are emerging with On-Demand (also known as SaaS) versions of business solutions that were traditionally delivered as installed products. However, transitioning to a SaaS model is not as simple as merely repacking an enterprise product. Several unique challenges must first be overcome, including: In the Software as a Service model, customers (end-users) subscribe to applications versus purchasing them, typically on monthly basis.

In this pay-as-you-go method, customers are afforded a flexible, low-cost, no-hassle model so they can concentrate on running their core business rather than spending capital to purchase applications and time/resources on software patches and updates.

Hosting Providers and ISVs revenue-share the resulting subscription fee paid by the end-user customer. SaaS offers Independent Software Vendors (ISVs) the opportunity to deliver their existing software applications to new markets or existing markets in a new way.