Software as a service (SaaS) has become the most extensively used software distribution model across the globe because of its apparent benefits over traditional on-premise systems. An increasing number of businesses in all major industries are opting for SaaS solutions to strengthen their IT infrastructure. Seeing the current trends, the journal PR Newswire predicts that the global SaaS market is expected to grow to $307.3 billion by 2026. It represents a massive growth as compared to the…