$CYCA Cytta Corp (OTCQB: CYCA) Maximizing Revenue Potential with a SaaS Business Model
The global Service as a Software (SaaS) market was expected to grow from $225.6 billion in 2020 to $272.49 billion going into 2022. It is anticipated that this trend will continue, with the market estimated to reach $436.9 billion by 2025. Cytta will be capitalizing on that trend by the end of Q1 2022 by launching IGAN-as-a-service.
The company calls the strategy a natural evolution and expansion of its product offerings, utilizing the cloud-based AI-powered software service and IGAN in a way that clients can deploy the most up-to-date Cytta technology. This strategy should also prove to be profitable for investors, as Cytta continues to develop additional streaming software applications that are creating multi billion dollar market potential.
“As a result of operational challenges from the COVID-19 impact, we are excited to be introducing a cloud-based IGAN Incident Command Platform to our First Responder customers.” Mr. Gary Campbell, Cytta CEO, says. “Our SAAS model allows Cytta to provide turn-key agile solutions with a recurring revenue stream and higher margins. This model also allows us to scale our operations and deployment much more rapidly. We will also continue to offer hardware-based systems and on-premises solutions to our customers’ specifications.”
https://microcaps.com/paradigm-shifting-techn...-software/
The global Service as a Software (SaaS) market was expected to grow from $225.6 billion in 2020 to $272.49 billion going into 2022. It is anticipated that this trend will continue, with the market estimated to reach $436.9 billion by 2025. Cytta will be capitalizing on that trend by the end of Q1 2022 by launching IGAN-as-a-service.
The company calls the strategy a natural evolution and expansion of its product offerings, utilizing the cloud-based AI-powered software service and IGAN in a way that clients can deploy the most up-to-date Cytta technology. This strategy should also prove to be profitable for investors, as Cytta continues to develop additional streaming software applications that are creating multi billion dollar market potential.
“As a result of operational challenges from the COVID-19 impact, we are excited to be introducing a cloud-based IGAN Incident Command Platform to our First Responder customers.” Mr. Gary Campbell, Cytta CEO, says. “Our SAAS model allows Cytta to provide turn-key agile solutions with a recurring revenue stream and higher margins. This model also allows us to scale our operations and deployment much more rapidly. We will also continue to offer hardware-based systems and on-premises solutions to our customers’ specifications.”
https://microcaps.com/paradigm-shifting-techn...-software/
