Venkat Guntipally Considers Artificial Intelligence as Top SaaS Trend

 

With experience of more than two decades, Venkat Guntipally is an IT virtuoso who specializes in SaaS, system integration, off-shore team management, product development, and web architectures. A couple of months back he talked about the SaaS as a revolutionary platform. He explained the benefits of SaaS to strategically manage your business.

 Businesses rely on innovative date discovery technologies and tools to increase their efficiency and productivity. So, software-as-a-service (SaaS) trends continue to emerge. Venkat Guntipally believes Artificial Intelligence is going to get more innovative in 2021. 

Artificial Intelligence: Autonomous and Self-Learning

Deep-rooted in the veins of society, AI is expected to make some serious waves. AI is becoming the real game-changer. It increases productivity and optimizes business processes while supporting human capabilities and automating repetitive tasks.

AI offers an advanced degree of interaction and responsiveness among businesses, clients, and technology. Modern software providers have developed many advanced features based on artificial intelligence, one of which is data alerts. AI uses machine-learning algorithms and neural networks for pattern recognition and anomaly detection respectively. Data alerts learn from such patterns and trends and remind you if something unexpected happens or a pre-set goal is fulfilled. 

Guntipally mentions that when so many KPIs are to be monitored, it is easy to lose the track of what matters. So, an online reporting tool is needed to keep a check on the data and predict any change or fluctuation. AI helps to alert you when some of these changes veer off the direction.

Artificial intelligence improves the key characteristics of the SaaS model. When AI capabilities are combined with SaaS, it enables us to get better data value, personalize services, supplement human capacity, and improve security. 

How will AI enhance SaaS in near future?

You can personalize the software. It makes it easier to use with other technologies including NLP (natural language processing), which naturally processes voice control and patterns of human speech. This can be deployed to address the needs of customers and improve customization in the customer service functionality. 

Moreover, AI-enabled SaaS speeds up operations and internal processes. This allows the businesses to get answers to the questions, faster forecasts, and overall responsiveness is speeded up. 

Besides, AI enhances security. The AI enables automation and the ability to identify the patterns by machine learning. This helps in the immediate detection and identification of any threats. The built-in self-recovery also provides the remedy to the possible threats, thus improving the security of SaaS.

With a projected market value of more than $733 billion by 2027, AI is expected to become the most popular trend in SaaS in the coming years. Venkat Guntipally through his experience and expertise anticipates that the coming year is going to be a trendsetting one for the SaaS industry. Artificial intelligence stands out as the most significant among the SaaS industry trends.