[[{"@context":"http:\/\/schema.org","@type":"Answer","text":"This category of SaaS products includes solutions that completely engulf and fill the needs of a specific industry. These solutions are very successful in their own right, and some of the most familiar solution providers include Veeva Systems, which serves the pharmaceutical and life sciences industries, and Guidewire Software, which supports property and casualty insurance. And I\u2019m sure you\u2019re familiar with OpenTable, whose online reservation offering helps foodies everywhere find tables at their favorite restaurants.","name":"What is vertical SaaS","@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#Answer"},{"@context":"http:\/\/schema.org","@type":"Answer","name":"benefits of vertical SaaS","text":"<p>For businesses, the advantages of a commerce SaaS solution, tailor-made for the industry, are clear.<\/p> <ul> <li><strong>Faster time to value:<\/strong> Customers get their tenants provisioned quickly, but as with all SaaS solutions, commerce would come installed and configured for immediate use. The advantage for a specific industry is that the molding or last-mile customizations can be started much sooner. It provides worry-free infrastructure management with reduced IT spending.<\/li> <li><strong>Scalability and upgrades:<\/strong> A verticalI SaaS solution means auto scaling of infrastructure to support up and down cycles without having to spend valuable resources on tracking, monitoring, support. It also means getting automatic, frequent updates to the software with seamless upgrades, which supports constant, immediate innovation.<\/li> <li><strong>Integrations:<\/strong> VerticalI SaaS commerce would provide strong, tight, and native prepackaged integrations with other products from the get-go. Just think about the possibilities of integration with some of the most important products for an industry, such as ERP, billing, governance systems, payment providers, and marketing.<\/li> <li><strong>Best practices and benchmarking:<\/strong> An industry-focused commerce solution will adapt. A vendor should keep a constant eye to changing industry needs, and regularly push best practices back into the product and benchmark the solution against competitors.<\/li> <li><strong>Governance and compliance:<\/strong> Commerce has a number of industry-specific compliance and legal requirements that can be handled by strong governance practices. An industry-specific commerce solution provider can assume the burden of keeping track of these ever-changing and complex mandates.<\/li> <\/ul>","@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#Answer1"},{"@context":"http:\/\/schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What is vertical SaaS","acceptedAnswer":{"@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#Answer"},"@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#Question"},{"@type":"Question","name":"benefits of vertical SaaS","acceptedAnswer":{"@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#Answer1"},"@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#Question1"}],"name":"What is vertical SaaS: Benefits, definitions","sameAs":["https:\/\/www.wikidata.org\/wiki\/Q1254596","https:\/\/en.wikipedia.org\/wiki\/Software_as_a_service"],"@id":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#FAQPage"}],{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2021","item":"https:\/\/www.the-future-of-commerce.com\/2021\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"04","item":"https:\/\/www.the-future-of-commerce.com\/2021\/\/04\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"12","item":"https:\/\/www.the-future-of-commerce.com\/2021\/\/04\/\/12\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"What is vertical Saas: Benefits, definitions, examples","item":"https:\/\/www.the-future-of-commerce.com\/2021\/04\/12\/what-is-vertical-saas\/#breadcrumbitem"}]}]