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> 3. Large companies/banks/government which care about their data As someone who left this space just two years ago and is now selling software into it I've be
by elliekelly 7y ago
> 3. Large companies/banks/government which care about their data
As someone who left this space just two years ago and is now selling software into it I've been shocked by my users' appetite (appetites?) for self-hosted solutions. It makes me wonder whether SaaS will be short-lived and we'll see highly-regulated industries like finance and healthcare insisting data doesn't leave their servers unless absolutely necessary.
- d4mi3n 7y agoDepends on the org. Highly regulated places like self hosting because keeping data within your own network removes a lot of the legwork for corporate acquisitions processes. If you run a SASS and a regulated business wants to use you, they need to process a whole slew of items: 1. Compliance - are you PCI/SOC/HIPPA compliant? When was your last audit? What were the results? 2. Legal - contracts, business continuity clauses, indemnity, liability around data, etc 3. Security - when was your last penetration test? Do you have a security team? What is your security posture? The list goes on and there is overlap between different corporate concerns. Keeping things on-prem removes many requirements in exchange for taking on the maintainable burden of a product.
- toomuchtodo 7y agoIf you're a SaaS company that can't implement controls and governance systems to satisfy HIPPA, SOC2, etc, enterprises subject to regulation have no choice but to self-host. Disclaimer: Worked at a SaaS company, now work in highly regulated financial services.