Anton Storozhuk, CEO of Alpha Serve, with 20+ years in software development. Read Anton Storozhuk's full executive profile here.
The situation in the SaaS market doesn't seem easy right now. Growth among SaaS companies is slowing across the board, as shown in a new report from OpenView Advisors: Even the most successful public SaaS companies saw their average annual revenue growth drop from 28% in 2022 to
Investors remain cautious, waiting for further signs of stabilized growth, which is why I wanted to share my thoughts on the challenges facing SaaS development in 2024 and identify potential growth areas for these companies.We have a rather intriguing situation that will undoubtedly evolve dynamically in 2024. In this article, I will examine three main challenges that SaaS companies are facing.
Every type of business needs its own security rules. If you don't follow them, you could get in trouble with regulators or lose money. Many companies have to follow rules like GDPR, PCI-DSS, HIPAA and SOX. Which ones they have to follow depends on what they do and what kind of data they use.
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