Final answer:
One of the benefits enjoyed by SaaS vendors is lower hardware maintenance costs. Another benefit is lower distribution costs. Lastly, SaaS offers faster product deployment.
Step-by-step explanation:
One of the benefits enjoyed by SaaS (Software as a Service) vendors is lower hardware maintenance costs. As SaaS operates on a cloud-based infrastructure, the responsibility for maintaining and upgrading hardware falls on the vendor, relieving the customers of this burden. This can lead to significant cost savings as the customers do not need to invest in expensive hardware.
Another benefit is lower distribution costs. With SaaS, the software is delivered over the internet, eliminating the need for physical distribution. Vendors can provide updates and new features seamlessly to their customers, reducing distribution costs.
Lastly, SaaS offers faster product deployment. Since the software is already hosted on the cloud, it can be accessed and deployed quickly. This allows customers to start using the software almost immediately, saving time and enabling faster implementation.