India, April 27 -- With its vibrant startup ecosystem and burgeoning talent pool, India has emerged as a key player in the global SaaS landscape. Government initiatives, development of vertical-specific solutions, and focus on security and compliance are the other factors driving this growth.

The Indian SaaS ecosystem can generate $50 Bn - $70 Bn in revenue and $500 Bn in enterprise value by 2030. With this growth, India can become the second-largest SaaS ecosystem globally.

As such, it's important to understand the country's SaaS ecosystem. And a way to do this is by equipping yourself with the essential terminology to communicate smoothly with partners, stakeholders, journalists, and peers.

Like other industries, SaaS too has its own...