A coin always has two sides, a head and a tail.
But the thinking is not just limited to the coin; the same is with our life and the materialistic world around us. 2019 brought the challenge of Covid, and many people have lost their lives, but another thing took place on a positive note.
An all-new world of remote working, and then many companies have realised that jobs can be done anyway without visiting the workplace. The whole world was shut as we know that the “Show Must Go On”, and for that, a new work culture developed, "Work From Home”.
Sources: (Zippia)
Workspace as a service(WaaS) software is one of the best possible solutions for adapting for your business to keep running with workflow and easy employee management. We are providing free consultation regarding workspace as a service software development.
An online workspace is a complete set of frameworks that emerges all the required applications for managing and doing the job remotely. The workspace as a service is operational on any device and with an internet connection. A high-end workspace as a service software gives frictionless and easier access with completely secured coding to save the company's data and other important credentials.
Software development companies are providing high-end softwares to companies so that their employees can work for their companies without relocating themselves.
On the workspace as a service software, thousands of employees can work easily and won’t face any error regarding the loading speed. The basic motto of the WaaS software is to do the task and deliver it on a flexible workspace to create a flexible and remote working space.
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The workspace as a service platform has opened the door for generating a good amount of revenue by providing the service of a dedicated workspace. Let’s see what benefits your client will get from your WaaS software.
According to a survey, 77% of the employees said that they had acknowledged great productivity while working in an offsite mode, 30% of the people said that they had achieved more than their targets in less time in remote mode, and 24% of the people has completed their target in the same time. This shows how employees can be more productive if they are in their comfort space.
There was a time when people were used to being sharp on time for doing their job. But as the era changed, the employees started asking for flexibility and productivity, and companies started giving it. With the workspace as a service platform, the company’s employees can log in to their profile anytime without thinking about the log-in and log-out time.
Companies will have the ability to maximize and minimize access to the software. For example, a company took the subscription for 2000 employees, but for any reason, they have to cut it short to 1000 employees; they customize their subscription. Giving them the option of subscription customization will give your platform reliability and loyalty for more engagement.
The company can cut unnecessary expenditures like building an office space, bills, etc. Instead of paying thousands of dollars for office space to every month, who won’t prefer to get low cost but reliable solution? Office space in USA costs $46.93 per square foot. Apart from the office space cost, a company must pay considerable other costs for setting up an onsite working space.
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After learning about the benefits and how a WaaS works, let’s come to something about your pocket. How can you make money from developing a workspace as a service software?
Your business will generate a major part of the revenue from the subscription taken by the companies for their employees. The subscription can be yearly, monthly, or quarterly or can be with all such options.
Another thing that you can do is the set of slabs according to the number of employees and charge according to that. It can be with a slab of 1-100, 100-250, 250-500, and so on. It will help the companies to select from the options.
An old form but still a potential one to generate revenue from the platform. You can show advertisements on the company's panel and charge the companies who will ask you to publish their ads on your platform.
On the other side, you can charge your clients something extra for not showing an advertisement on their panels. Advertisements were always a win-win situation for the service-providing companies.
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Now let’s come to the major thing one should not miss if looking for a reliable business with workspace as a service software. To develop reliable WaaS software, here are a few of the steps that you should consider the foremost thing.
We have shown some of the stats above and also in the middle of the blogs, but if you are going to provide your service on the global stage, then a lot of things should be considered in research.
Prepare the blueprint of the business and get all approvals from the government for launching your business on an international level.
As the next step, you will need to set a target audience. It will be upto you whether you want to make big-size enterprises as your target audience, mid-size or small firms, for the initial years. Once you will get a strong user base, then you can definitely move to bigger targets.
You need to be very specific about the programming language, tools you want in your platform and frameworks you want. Techstacks play a vital role in the functioning of the software.
If you wish to launch a WaaS application and verify the value proposition successfully. In that instance, there is no question that developing an MVP is a wise step in the development of your workspace-as-a-service product.
Although an MVP is not a finished product, it includes sufficient features to draw beta testers and prove the viability of a concept. The MVP is market-ready and has the potential to be scaled and improved.
The development cost of WaaS software depends on various factors, including the tech stack, development team size, size of the company, etc.
Software Designing Costs | 10K to 20K |
Advanced Features of Software | $25 to 50K |
Cost For Deployment | $10K |
Cost Of Integration | $10K |
Total Cost For Maintenance | $1500 to 4K |
Project Managers and Team Lead | $25/ Hour |
Quality Assurance Team and Testers | $5K |
RisingMax Inc. is a team of 150+ expert developers with 10+ years of experience in software development. Here are some more reasons to claim why we are the best for business ideas.
We provide free consultation for platform development, and our executives will try to listen to all your thoughts and research about what you want in your platform to provide a high-end workspace as a service software.
We are a leading custom software development company in the USA and also left our imprints on a global platform. We develop the software at the most cost-effective rates and also provide the after-deployment service at very affordable rates.
RisingMax Inc. provides complete transparency in the development process, before the deal, during the development process and after the final deployment of the project. We do not have any hidden charges or do any unfair means with the project.
Our dedicated project manager and the development team will always be in touch with your team to provide information about the development process and to resolve any sort of query.
We have a strict protocol for multi-level testing to ensure no bug should be there in the WaaS software.
This is the perfect time to come up with a workspace as a service software development to provide service at the global platform. Don’t miss out on the opportunity to come up with an idea to present a reliable virtual platform where the companies can work in the same space easily from their homes.