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Open source SaaS

Omnistrate offers a comprehensive solution for open-source projects seeking to monetize their offerings and transform them into fully-fledged Software as a Service (SaaS) platforms. With Omnistrate, open-source projects can leverage advanced infrastructure, monetization tools, and operational capabilities to build, deploy, and manage their SaaS applications effectively.

As mentioned here, open-source company has to go through the 3-phases:

1.Project-community fit, where your open source project creates a community of developers who actively contribute to the open source code base. This can be measured by GitHub stars, commits, pull requests or contributor growth.

2.Product-market fit, where your open source software is adopted by users. This is measured by downloads and usage.

3.Value-market fit, where you find a value proposition that customers want to pay for. The success here is measured by revenue.

Omnistrate aims to simplify the last and often the most difficult leg of the journey by automating the undifferentiated components and enabling you to build your SaaS in no time with enterprise grade capabilities at one-tenth of the price.

Open source SaaS benefits

A typical startup journey looks like this: you have an idea, you validate the market, you build your initial MVP, you raise some capital. After raising the initial capital or in some cases just before, you are looking to monetize by finding a product-market fit.

When we build an application, we typically don’t think about building an operating system or database as it makes no sense to spend time and energy and instead just use the existing components. In the same way, we have built Omnistrate (SaaS platform) that allows you to SaaSify your application software without having to spend the majority of your engineering resources in building and operating the SaaS control plane layer.

Here are some of the key benefits:

  • Time to market: Building control planes can take years to build. Here is an excellent blog from ClickHouse on how it took their world-class team a year to launch their initial SaaS (in AWS only in a subset of the regions). Let’s be honest; not all of us can afford to raise anywhere close to $250MM at a $2B valuation immediately after founding the company. Moreover, not all of us have the luxury to hire an industry veteran in this space like Yury Izrailevsky (ex-VP of Engineering at Google) to lead the team.
  • 10x Cost effective: Building control planes are expensive and typical successful SaaS startup run hundreds of engineers to build and maintain just the control plane components. To learn more, please see this
  • Focus on your differentiation and core strength: Making startups successful are extremely hard. By streamlining your businesses to stay agile and dedicated to what sets them apart in the market, you can move fast and get the enterprise-grade capabilities at a fraction of price. Not only it will you apart from your competitors but also protect you from the risk of cloud provider picking your technology and start hosting it themselves.

To learn more on what we offer out of box, please see this link