3 SaaS predictions for 2021

Low code SaaS platforms will opt for the mainstream is one of the predictions.

Though 2020 struck the world into the four walls, it was an astounding year for SaaS companies. There were 25 top SaaS unicorns compared to just 10 in the previous year. Sean Cantwell has written about a couple of predictions for 2021, and here is what he says.

• We'll likely continue to see investors bullish about companies in the space since the Fed has initiated a long-term low rate policy. Moreover, such high stock prices will embolden private equity investors.

• Low-code development is changing enterprise development strategies- enterprises can take over four years to deploy projects. Four years is an eternity in the world of technology, and the future may look unrecognized by technology. Industry-leading low-code platforms have shown a dramatic rise in recent years, and it is a trend that will continue; many industry competitors will want to adopt these new tools.

• More and more vendors are making integration easier with the help of automated APIs, which should lead to an increase in marketplaces.

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