We replaced a resume parsing SaaS with AI. They have some additional features that might make it worth using for others but an LLM prompt gave us good enough results and was 10X+ cheaper. Had been spending thousands of dollars a year.
Can someone explain horizontal vs. vertical SaaS? This is new to me and I can't figure out what this means... its all SaaS so why differentiate? Seems like just marketing buzzwords.
Vertical: industry specific (functionality that can only be used in one or a few industries). The ultimate case of this would be a completely custom solution a bank uses to do x, with a custom integration to their databases etc.
Horizontal: Can be used by many industries as they all need it (accounting software, communication & marketing etc.) Office 365 or Slack are classic examples.
Sounds like the CEO/Marketing team at Replit are on a roll. There's so much AI hype right now it's frightening.
We replaced a resume parsing SaaS with AI. They have some additional features that might make it worth using for others but an LLM prompt gave us good enough results and was 10X+ cheaper. Had been spending thousands of dollars a year.
Can someone explain horizontal vs. vertical SaaS? This is new to me and I can't figure out what this means... its all SaaS so why differentiate? Seems like just marketing buzzwords.
The way I read it:
Vertical: industry specific (functionality that can only be used in one or a few industries). The ultimate case of this would be a completely custom solution a bank uses to do x, with a custom integration to their databases etc.
Horizontal: Can be used by many industries as they all need it (accounting software, communication & marketing etc.) Office 365 or Slack are classic examples.
I've seen it used in two ways to talk about software...
1.
- Horizontal = broad
- vertical = niche
2.
- horizontal = notion solving a specific problem and solving others via integration with other products
- vertical = a company like microsoft that solves a range of problems through directly integrated 1st party products.
I think a lot of CRMs can be replaced by AI.
Most of them are garbage, overly complex or clunky, and all you really need are workflows that map to your specific needs.