Top SaaS Platform Development Companies in 2023

The popularity of SaaS or software-as-a-service has exploded in recent years. With SaaS, it has become extremely convenient to access and use different types of software.

Be it software vendors or end users, SaaS offers several advantages. For instance, vendors can easily deploy, distribute, and maintain software. As the software is deployed centrally, it becomes easy to roll updates that are instantly accessible to end users. On the other hand, SaaS eliminates the need for users to install software on their devices and manage them on their own.

The size of the global SaaS market has grown significantly in the past few years and will grow even more in the coming years. As per a report by Grand View Research, the SaaS market size will grow from $186.6 billion in 2022 to $344.3 billion in 2028.

For many, the increased demand for SaaS solutions is a business opportunity. As a result, there is a tremendous increase in the demand for SaaS platform development companies. These companies have expertise in developing a wide array of SaaS solutions.

If you want to start a SaaS business and looking to partner with a reputed SaaS development company, we can help you with your search. Here, we have curated a list of the top SaaS platform development companies to narrow down your options.

List of Top SaaS Platform Development Companies

1. Teqnovos

Average Hourly Rate: $50 – $99

Team Size: 50 – 249

Location: New York, USA

Teqnovos is a leading SaaS development agency with a team of highly skilled professionals. The company offers an extensive range of services at competitive rates. Some of the key SaaS development services offered by Teqnovos include consulting, architecture design, UI/UX design, mobile app development, API development, and platform migration.

With over a decade of experience in SaaS application development, Teqnovos helps businesses of all sizes to build SaaS products from the ground up. Additionally, the company caters to various industries. Whether it’s SaaS for Healthcare, SaaS for Real Estate, or SaaS for logistics, TeqnovosTop SaaS Platform Development Compani specializes in creating industry-specific SaaS applications.

Teqnovos is a customer-centric company, thus it meets customer expectations in the best possible way. The company follows the agile development approach to build world-class SaaS products.

2. Matrix Marketers

Average Hourly Rate: $50 – $99

Team Size: 50 – 249

Location: Chandigarh, India

Matrix Marketers is another dominating name among the top SaaS development companies. Their excellence in building different types of software has earned them a global reputation. The company has an experienced development team and an impressive portfolio of SaaS projects to showcase its achievements.

Trusted by several businesses all over the world, Matrix Marketers offers the development and delivery of innovative software solutions for SMBs and large enterprises. The company aims to create SaaS software that performs well and delivers high ROI.

3. Fortunesoft IT Innovations

Average Hourly Rate: $25 – $49

Team Size: 50 – 249

Location: Nashville, USA

Fortunesoft IT Innovations is a reliable provider of SaaS development services. They offer several product engineering and technology services to businesses operating in different industries. The professionals at Fortunesoft IT innovations have the right set of skills and knowledge required to develop top-notch SaaS products.

The company collaborates with startups as well as enterprises to develop robust SaaS solutions. While creating a SaaS product, the development team pays special attention to all the client requirements. Also, they test each SaaS product thoroughly before deploying it on the cloud.

4. Inoxoft

Average Hourly Rate: $25 – $49

Team Size: 250 – 999

Location: New York, USA

Inoxoft is an international software development company committed to developing cutting-edge solutions. The company offers a wide array of services with SaaS application development being one among them. For every project, Inoxoft assembles a team of developers having the right set of skills to complete and deliver the project on time.

With a team of experts, Inoxoft aims to develop innovative solutions for a variety of industries, including education and fintech. They have multiple offices located in different parts of the world.

5. CognitiveClouds

Average Hourly Rate: $25 – $49

Team Size: 50 – 249

Location: Fremont, USA

Founded in 2012, CognitiveCloud is a prominent SaaS development company. By leveraging various popular technologies, the company creates a wide range of SaaS solutions to help companies achieve fast growth. Some of the primary development technologies that CognitiveCloud work with include Ruby on Rails (RoR), Scala, Node.js, and Angular JS.

The company is known for utilizing agile development methodologies to design, develop, and deliver SaaS products with exceptional performance.

6. BairesDev

Average Hourly Rate: $50 – $99

Team Size: 1000 – 9999

Location: San Francisco, USA

Any organization looking for a digital transformation can consult BairesDev as it develops scalable software solutions. Having expertise in SaaS development, the company is fully capable of developing industry-specific SaaS solutions to overcome different challenges faced by businesses.

BairesDev employs seasoned developers who create end-to-end solutions for businesses to make the most of the latest technologies.

7. Belitsoft

Average Hourly Rate: $50 – $99

Team Size: 250 – 999

Location: Warsaw, Poland

Ranked among the best SaaS development companies, Belitsoft offers custom software development services. The company specializes in developing software tailored to meet the unique needs of businesses. With a presence in several countries, Belitsoft offers its development services to companies worldwide.

While building SaaS products, Belitsoft makes use of the best and most suitable software development methodologies. This helps to ensure the delivery of high-performance SaaS software.

8. ScienceSoft

Average Hourly Rate: $50 – $99

Team Size: 250 – 999

Location: McKinney, USA

A well-recognized IT consulting firm, ScienceSoft has been actively offering its services for the past three decades. The company is a digital partner of many renowned companies across the globe, including IBM, eBay, and Nestle. Also, it has expertise in creating tech solutions for industries such as manufacturing, banking, healthcare, and insurance.

The SaaS developers at ScienceSoft have extensive experience in creating modern and feature-rich SaaS solutions. They can integrate technologies like artificial intelligence, augmented reality, and virtual reality into SaaS applications.

9. Saigon Technology

Average Hourly Rate: Less than $25

Team Size: 250 – 999

Location: Ho Chi Minh City, Vietnam

Saigon Technology is well known for offering world-class software outsourcing services. With a team of more than 350, the company’s key agenda is to help businesses around the world to access and leverage IT solutions for fueling their growth.

When it comes to SaaS software development, they have the resources and expertise to build inventive SaaS solutions. Apart from SaaS development, Saigon Technology offers web application development, mobile app development, and cloud migration services.

10. LeewayHertz

Average Hourly Rate: $50 – $99

Team Size: 50 – 249

Location: San Francisco, USA

LeewayHertz is a software development services provider with expertise in SaaS application development. They are a reliable partner for software development and offer their services to businesses operating in various industries. The company also helps vendors to get their SaaS projects to get off the ground.

Whether a client wants to create a SaaS application from scratch or move an existing on-premise application to the cloud, LeewayHertz can help them out.

How to Choose a SaaS Development Company?

Choosing a SaaS software development company for your project can be challenging. As there are many active SaaS platform development companies with impressive portfolios, you might get confused as to which among them is the best fit for your project.

While searching for the best SaaS application development company, you need to consider the factors discussed below.

• Technical Expertise

One of the most crucial things that you need to verify before hiring a SaaS platform development company is their technical skills. You need to get an idea of the core competencies of a company and see if they have the right skills to develop your SaaS project. One way to do this is by checking for the technologies that a company works with.

• Project Requirements

The requirements of your project play an important role when you choose a SaaS platform development firm. For instance, your project may require integration with certain third-party APIs or need to follow certain compliance regulations. If the firm is not comfortable working with them, it’s better for you to look for some other options.

• Budget

It’s common for many clients to choose the top SaaS software development company solely on the basis of reviews only. However, they may later find that the fee charged by such a company is too high for them. You can estimate the overall cost of your project on the basis of the total hours needed for development and the average hourly rate of the company.

• Communication Channels

You always have the option to outsource software development and hire agencies located outside your country. However, you need to make sure that there is no language barrier. Also, you should ask the development company about the channels they use for communicating with clients.

• Reputation

One effective way to assess a SaaS development company is by evaluating its reputation. Online presence, a well-built website, and good client reviews are some common parameters that help you assess a company’s reputation. Moreover, you can go through the company’s portfolio to the type of SaaS products have they developed in the past and the technologies they have worked with.

• Customer Support

Before you hire a company for SaaS platform development, make sure to check if they offer customer support. Having a dedicated customer support team will ensure that the company addresses all the technical issues faced by clients with their SaaS products. The support team will provide solutions to your queries as quickly as possible.

To Wrap it Up

If you are a business or a software vendor looking to develop a SaaS-based platform or application, you can consider hiring a popular SaaS development company. We have listed the best SaaS platform development companies above, and you can choose one that best suits your project requirements and budget.

Additionally, you can consider factors like the company’s technical skills, reputation, communication channels, customer support team, etc. to select the best SaaS development firm for your project.