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Is SaaS the next big thing?

Edwin Chin
Edwin Chin • 7 min read
Is SaaS the next big thing?
The global pandemic has serendipitously fast-forwarded the prospects of SaaS (software as a service) companies.
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“It was the best of times, it was the worst of times.” — Charles Dickens

It has been over a year since the Covid-19 pandemic hit our shores in sunny Singapore.

Covid-19 has been described as the first global pandemic of the Information Age, with a record of more than 210 million global infections to date. Many countries have been forced into lockdowns to contain the pandemic. This has driven many venerable brands and iconic retailers into bankruptcy, including stalwarts JCPenney, Hertz and Gold’s Gym (though the first two have managed to exit bankruptcy).

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