By Arko Chandra Published on : Sep 8, 2022
Emerging rapidly in the past few years, vertical SaaS companies have made a stronghold in today’s SaaS market. Even until five years ago, horizontal SaaS was in full swing, but the popularity of industry-specific solutions made the division in the SaaS market quite clear. And with that, vertical SaaS witnessed an unprecedented (or maybe not) boom.
Let’s give you a quick idea of what vertical SaaS is before introducing you to the top brands in this arena.
While horizontal SaaS deals in SaaS products that cater to a myriad of industries, vertical SaaS, on the contrary, furnishes tailored, niche-specific solutions. The tailored products make for a higher conversion rate and improved ROI. And focusing on a specific audience rather than having a generalized approach also cuts down the competition by a considerable margin.
Now that you have an understanding of vertical SaaS, it’s time you know about the brands making the most of this trend.
Oracle Textura is a vertical SaaS software that provides contract and payment management solutions to the construction industry. The platform enables construction companies to stick to their budget and project timelines besides providing e-signatures and online workflows.
The cloud solutions it offers are structured in a consumption model optimized for construction and engineering organizations. As of now, Textura has helped over 85,000 contractors and subcontractors with its comprehensive platform, administering the multiple phases of construction projects.
ClearCare is one of the leading vertical SaaS companies that offers CRM software for home care organizations. Agencies use the platform for electronic health care records such as e-prescriptions, e-charts, and fully automatic labs. The platform even has a patient portal where agencies can maintain an account for all the information of a patient. The software is available in both desktop and mobile versions, which facilitates ease of use and efficiency.
Veeva offers specific cloud solutions and manages critical functions of an organization. Companies – big or small, can bring out their products to the market using Veeva in a quick and efficient manner. Further, it assists companies in getting exceptional commercial integrations, including multichannel CRM. If a company is seeking regular collaboration and compliance between sponsors, Veeva is equipped to handle that as well.
HotSchedules is a vertical SaaS platform that deals in the restaurant industry. The application is primarily used for employee scheduling and communication. Among its intelligent features, staff management, forecasting, inventory and stock management, and talent development are some top ones. Employees have the options of release, pick and swap just with a click. Automatic shift pick-ups and automatic time-offs also make for interesting highlights of the platform.
Infor, a business cloud service provider, deals in industry-specific capabilities for various industries. Perhaps, the most appealing feature of the platform is its capability to mold entire industry suites into a cloud format. Infor incorporates data science along with cutting-edge technology to elevate the levels of customer experience. The services of the platform also come with simplified ERP and top-notch security.
Madwire® is a SaaS company that furnishes marketing and business solutions. It particularly helps budding entrepreneurs and small and midsize businesses (SMBs) grow and evolve. Marketing 360® is a single dashboard that Madwire provides, which empowers companies to manage their business processes more efficiently.
Clio is a vertical SaaS tool that facilitates legal and judicial service management. For independent legal practitioners and small legal firms, the platform is just apt as it takes care of almost everything like data management, customer service, client documents, invoicing, and even time-tracking. A lawyer is typically occupied in multiple cases and lawsuits; Clio is a user-friendly tool that can take much of the pressure off their shoulders.
That’s a wrap on the trending vertical SaaS companies of 2022. With the increasing need for niche solutions, vertical SaaS and the companies capitalizing on it would only witness a rise in the years to come.
Emerging rapidly in the past few years, vertical SaaS companies have made a stronghold in today’s SaaS market. Even until five years ago, horizontal SaaS was in full swing, but the popularity of industry-specific solutions made the division in the SaaS market quite clear. And with that, vertical SaaS witnessed an unprecedented (or maybe not) boom.
Let’s give you a quick idea of what vertical SaaS is before introducing you to the top brands in this arena.
While horizontal SaaS deals in SaaS products that cater to a myriad of industries, vertical SaaS, on the contrary, furnishes tailored, niche-specific solutions. The tailored products make for a higher conversion rate and improved ROI. And focusing on a specific audience rather than having a generalized approach also cuts down the competition by a considerable margin.
Now that you have an understanding of vertical SaaS, it’s time you know about the brands making the most of this trend.
Oracle Textura is a vertical SaaS software that provides contract and payment management solutions to the construction industry. The platform enables construction companies to stick to their budget and project timelines besides providing e-signatures and online workflows.
The cloud solutions it offers are structured in a consumption model optimized for construction and engineering organizations. As of now, Textura has helped over 85,000 contractors and subcontractors with its comprehensive platform, administering the multiple phases of construction projects.
ClearCare is one of the leading vertical SaaS companies that offers CRM software for home care organizations. Agencies use the platform for electronic health care records such as e-prescriptions, e-charts, and fully automatic labs. The platform even has a patient portal where agencies can maintain an account for all the information of a patient. The software is available in both desktop and mobile versions, which facilitates ease of use and efficiency.
Veeva offers specific cloud solutions and manages critical functions of an organization. Companies – big or small, can bring out their products to the market using Veeva in a quick and efficient manner. Further, it assists companies in getting exceptional commercial integrations, including multichannel CRM. If a company is seeking regular collaboration and compliance between sponsors, Veeva is equipped to handle that as well.
HotSchedules is a vertical SaaS platform that deals in the restaurant industry. The application is primarily used for employee scheduling and communication. Among its intelligent features, staff management, forecasting, inventory and stock management, and talent development are some top ones. Employees have the options of release, pick and swap just with a click. Automatic shift pick-ups and automatic time-offs also make for interesting highlights of the platform.
Infor, a business cloud service provider, deals in industry-specific capabilities for various industries. Perhaps, the most appealing feature of the platform is its capability to mold entire industry suites into a cloud format. Infor incorporates data science along with cutting-edge technology to elevate the levels of customer experience. The services of the platform also come with simplified ERP and top-notch security.
Madwire® is a SaaS company that furnishes marketing and business solutions. It particularly helps budding entrepreneurs and small and midsize businesses (SMBs) grow and evolve. Marketing 360® is a single dashboard that Madwire provides, which empowers companies to manage their business processes more efficiently.
Clio is a vertical SaaS tool that facilitates legal and judicial service management. For independent legal practitioners and small legal firms, the platform is just apt as it takes care of almost everything like data management, customer service, client documents, invoicing, and even time-tracking. A lawyer is typically occupied in multiple cases and lawsuits; Clio is a user-friendly tool that can take much of the pressure off their shoulders.
That’s a wrap on the trending vertical SaaS companies of 2022. With the increasing need for niche solutions, vertical SaaS and the companies capitalizing on it would only witness a rise in the years to come.
