Software as a service (SaaS) companies are among one of the fastest growing segments in the world in the past two years due to the rapid adoption since the pandemic. Based on a subscription model and being centrally located on a remote cloud network, it is becoming the go to platforms for many organizations due to its needs, affordability and flexibility. In 2020, SaaS businesses grew on average by a massive 78% due to changing world order because of the pandemic, which forces people to isolate and companies to re-shift their models centrally. SaaS is not alone – as the first cloud service to take the lead among other cloud services, the rest have also grown into significance and will continue to play an important role in our ecosystem in the next decade. But like all industries, SaaS companies are not immune to economic slowdown and failures. A competitive advantage that SaaS companies might have can quickly erode out with the advent...