Software-as-a-Service

Software as a service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as "on-demand software", and was formerly referred to as "software plus services" by Microsoft.

Source: en.wikipedia.org

Porch Group Earnings Show Resilience for InsurTech Category
Porch Group Earnings Show Resilience for InsurTech Category
March 07, 2024  |  Insurance

InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in the category, Porch Group, a leader in the homeowners insurance...

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Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
February 21, 2024  |  Partnerships

Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends...

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Metronome Raises $43 Million to Expand Usage-Based Billing Platform
Metronome Raises $43 Million to Expand Usage-Based Billing Platform
January 31, 2024  |  Investments

Metronome has secured $43 million in a Series B funding round to simplify and streamline usage-based billing for Software-as-a-Service (SaaS) companies. The company aims to address...

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Digital Onboarding Raises $58 Million to Help Banks Engage Customers
Digital Onboarding Raises $58 Million to Help Banks Engage Customers
January 18, 2024  |  Digital Onboarding

Digital Onboarding has secured a $58 million growth investment from equity firm Volition Capital to expand its digital engagement platform for banks and credit unions. This investment...

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Temenos Launches Program to Help Banks Transition to Cloud and SaaS
Temenos Launches Program to Help Banks Transition to Cloud and SaaS
January 17, 2024  |  Banking

Banking software provider Temenos has launched a program to help banks modernize. The Temenos LEAP program is designed to facilitate a seamless transition to the latest...

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Hudson Hill Backs Wholesale B2B Platform MarketTime
Hudson Hill Backs Wholesale B2B Platform MarketTime
December 05, 2023  |  B2B Payments

Hudson Hill Capital has made a “significant” majority investment in B2B wholesale platform MarketTime. The private investment firm announced the funding Tuesday (Dec. 5), describing...

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NCR Voyix Says Two-Thirds of Sales Will Be Recurring by 2027
NCR Voyix Says Two-Thirds of Sales Will Be Recurring by 2027
November 09, 2023  |  Earnings

NCR Voyix’s preliminary third quarter results highlighted the momentum behind its software-as-a-service (SaaS) model, amid projections that nearly two-thirds of the firm’s revenues will be...

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SymphonyAI Unveils Large Language Model to Accelerate Industrial Transformation
SymphonyAI Unveils Large Language Model to Accelerate Industrial Transformation
November 08, 2023  |  artificial intelligence

SymphonyAI has introduced an industrial large language model (LLM) designed to accelerate industrial transformation on a large scale. The SymphonyAI Industrial LLM has been trained on an industrial...

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WEX to Add Field Service Management Solutions With Payzer Acquisition
WEX to Add Field Service Management Solutions With Payzer Acquisition
October 26, 2023  |  Acquisitions

WEX, a global commerce platform, has signed a definitive agreement to acquire Payzer, a cloud-based field service management software provider. This move is in line with...

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