This week’s SaaS roundup includes a detailed look at the highs and lows of the 2018 SaaS market, great tips on calculating churn, improving your SaaS startup’s security and much more! Let’s dig in….
In this article Customer Think‘s Vivek Jaiswal brings forth a terrific summary of 2018’s SaaS market performance, sharing a wide range of valuable stats and charts from the past year. However, the true value of this article lies not in what Jaiswal tells us about 2018, but in what this data can predict about 2019. In the words of Jaiswal himself: “if you are building a SaaS product, you ought to be interested in this!”
Though the shadow of recession is lurking and there is volatility in the public markets, SaaS companies are still some of the most expensive equities around which of course is a positive indication for startups.– Vivek Jaiswal
The always brilliant folks at Openview kicked off the new year with a fantastic piece on SaaS security. Penned by OV’s Greg Keller, this article aims to be the ultimate security cheat sheet for busy entrepreneurs and technical teams alike. But does it succeed? We certainly think so!
In the modern era of SaaS startups, security is an issue that you won’t be able to compromise on or ignore. Your revenue will depend on it. Start with the basics and get those working at a high-level, and you’ll be surprised by how much you’ve reduced your risk and enabled your sales engine.– Greg Keller
Corl‘s Sabena Quan-Hin shared a highly detailed guide to calculating gross and net MRR churn rate. But this is not “just another post about churn”. This article makes proper calculation of these metrics easier than you ever thought possible, and does so in under 5 minutes!
Calculating Net MRR Churn Rate is essential for understanding the health of your SaaS startup as it is one of the most significant obstacles to growth. By factoring in expansion MRR, net churn gives you a snapshot view of growth and paints a more positive picture. Ideally, SaaS companies should aim for a zero or negative churn rate to take advantage of new MRR.– Sabena Quan-Hin
Medium writer James Wilson took 7 minutes to explain the numerous benefits of multi-tenant SaaS architecture, and makes a very convincing case for it. While we feel that both single and multi-tenant architectures have their place in the industry, Wilson’s 5 reasons for choosing the multi-tenant approach are simply brilliant and well worth considering.
Contrary to the case of single tenancy, in multi-tenant SaaS architecture, the provider needs to administer just one platform that hosts multiple tenants. Since the maintenance of different applications or technology stacks is not required, it is so much easier to deliver more prompt and efficient service support, thus leading to quicker and better troubleshooting and problem-solving.– James Wilson
The title says it all. Beamer‘s Spencer Coon shares 15 fantastic books covering a wide array of topics like sales, marketing, product development, leadership and more. Written by a diverse assortment of business gurus who have built companies and learned countless lessons along the way, these books are must reads for any SaaS founder in 2019.
If you’re starting the new year looking for inspiration and a fresh start, download any of these books from Amazon to be read when you get a break from work for new perspectives, ideas, and inspiration from those who have been there!– Spencer Coon
We hope you enjoyed these articles and found something helpful along the way. Please join us next Monday for another SaaS roundup!