Advanced Technologies Allow for More Flexibility in Payment Solutions - FinancialBuzz.com News Commentary NEW YORK, March 17, 2021 /PRNewswire/ -- In the present-day, technology has become the driving force for virtually every industry. In particular, cloud computing has become a major global industry and is primarily comprised of three main segments: infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and notably, software-as-a-service (SaaS). SaaS is a software distribution model in which a third-party provider hosts various applications. In return, the SaaS providers distribute the applications and make them available for consumers across the web. SaaS is the exterior portion that consumers see on their web page browser, however, IaaS and PaaS are the interior infrastructures that make it all possible. There are certain fundamental SaaS applications that many businesses require such as email, sales management, customer relationship management (CRM), financial management, and human resource management (HRM). Many businesses, especially smaller ones, have begun to adopt SaaS due to its flexibility and the fact that it runs on its own software within the cloud and not on another company's computers or data centers. As a result, SaaS integration reduces expenses towards hardware, maintenance, installation, and support. According to data compiled by KBV Research, the global software-as-a-service market is expected to reach USD 185.8 Billion by 2024 while accelerating at a CAGR of 21.4%. Snipp Interactive Inc. (OTC: SNIPF) (TSX-V: SPN), salesforce.com, inc. (NYSE: CRM), Zscaler, Inc. (NASDAQ: ZS), Riot Blockchain, Inc. (NASDAQ: RIOT), Square, Inc. (NYSE: SQ)