What is SaaS❓
What is SaaS❓
SaaS (Software-as-a-Service) is a service in the field of software. Or cloud-based software is a service that allows access to programs anywhere, anytime via the Internet.
🔸 Benefits of SaaS
- save cost because no hardware is required
- Software updates can be updated through the central system right away.
- Help with easier storage.
- Monthly/yearly service fee
- Can be used with all devices that can connect to the Internet.
🔸 Companies that provide SaaS services
Adobe
Microsoft
Zoom
Atlassian
ServiceNow
Dropbox
Workday
Salesforce
Lastpass
SurveyMonkey
Shopify
Mailchimp
Slack
🔸 Funds that invest in companies that provide SaaS services
- KF-GTECH
The master fund is T. Rowe Price Funds SICAV Global Technology Equity Fund – Class Q
- ONE-UGG-RA
The master fund is Baillie Gifford Long Term Global Growth Investment Fund.
- T-ES-GTech
Polar Capital Funds plc – Global Technology Fund Class I US Dollar
- TISTECH-A
The master fund is T. Rowe Price Funds SICAV Global Technology Equity Fund Class I and Polar Capital Funds plc – Global Technology.
- LRDIGITAL-A
The master fund is AXA World Funds SICAV – Framlington Digital Economy.
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