More businesses are being established in the world that are helping people in making their lives better. Starting a new business is a fairly complex process. This is why cloud software businesses are topping the charts in the modern business world.

We did in-depth research on this subject and have come up with twenty best saas startup ideas that are profitable to do. So let us go ahead and explore them in detail.

Reasons to Start Own Software as a Company

  • Lower Entry Cost: The software as a service businesses are all about the software and don’t involve any hardware costs. This makes a huge difference in the initial development cost of the industry.
  • Pre Calculated Costs: Unlike other industries, the costs for MVP development of SaaS product ideas is already precalculated.
  • Maintenance: The biggest challenge for any industry is to keep the right maintenance system of its services.
  • Worldwide Access: The demand for SaaS businesses is so high because of its great reach to the audience.

After a detailed research process, we have come up with the top twenty product ideas for SaaS startups. We will share the problem, solution, demands, competition, and investments for these saas business ideas.

1. Marketing Automation

In this current technological era, every company wants to be ahead of others. To do so, online marketing is the most efficient technique. A tool like systeme.io that can automatically analyze the statistics and make marketing strategies is the need for every organization.

The company is crossing all the thresholds every passing month. This startup has become highly successful with its SaaS idea. Furthermore, Hubspot CRM integration is a new standard in the SaaS world.

2. CRM SaaS for Freelancers

CRM is one of the SaaS ideas that are most profitable in today’s time. By automating the process, results will become better. The online market is ever-expanding, and maintaining the needs of the customer is becoming challenging.

Zoho CRM is a product developed from such a SaaS idea and has monthly revenue of $41 million. They are currently making an investment of $50 million to improve their efficiency.

3. Video Rendering

One of the best SaaS business ideas right now is developing your own video rendering service. Developing software for them is one of the great SaaS startup ideas. From designers to video editors, everyone struggles to render out their files with perfection.

Keyshot is developed from one such profitable SaaS idea and has monthly revenue of $500,000. However, there aren’t any reports suggesting their latest investments.

4. KPI Tracker

Automated software will be a great help in increasing the organization’s productivity. The need for KPI SaaS product ideas is immense as it can highly impact the performance of an organization.

Geckoboard is an organization that has a product of this business idea of SaaS. The company is growing at a very high rate and has monthly revenue of approximately $200,000.

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5. Telehealthcare

Telehealth SaaS ideas are trending these days due to their high demand. This profitable idea for SaaS involves getting medical services over the phone using the software. MDLive, PlushCare, and LiveHealth are best telehealth apps generated based upon these SaaS product ideas.

Teladoc is a telemedicine software that is built from such SaaS product ideas. The industry is highly profitable and generates a revenue of $45 million every month. The growth parameters of this app are exceptionally high.

6. One-Click

Credit With the growth of internet businesses, the need for safe and secure payment platforms have also risen. One-click credit portals are wonderful SaaS ideas that can make your business boom in a short time. They offer an account for every user in which the ledger keeps maintained.

Simpl is a startup built from such a SaaS idea and has extensively taken over the market with its usage. In a matter of 5 years, the company has become a million-dollar industry. The revenue for one month is over $150,000.

7. Social Media Posts

People have made good earnings through them. In case you need to manage multiple accounts, leading proxy providers offer the solution as well. An automatic post scheduler is a fantastic SaaS idea that can be highly profitable for you.

Loomly is a startup that has worked on this SaaS idea. In just 3 years’ time, the company has grown up by 600% with monthly revenue of $170,000.