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The rise of SaaS, or software as a service, has meant that businesses no longer have to store rarely used data on site.  Instead, they can offshore it to the cloud, thereby freeing up valuable infrastructure resources on the premises for data that is accessed far more frequently.  Security experts, however, recommend that companies carefully analyze businesses offering managed services before they offshore certain kinds of data to the cloud. 

There is no doubt that Software as a Service, also known as SaaS, can help small and medium-sized businesses to improve the use of business intelligence tools.  These tools consist of programs that assist managers to use data modeling to identify trends that are relevant to the bottom line.  These may include trends among customer preferences and behavior as well as trends related to employees and workflow.  Such tools can be implemented as part of a managed services approach, a model that uses hosted IT solutions in order to eliminate much of the physical infrastructure, including software disks that companies used to have to maintain on their own premises.