Remember those ‘old school’ floppy discs which you load into your computer every time you need to access a software application? Well, there’s now a better way to do that these days. It’s called software as a service.
Software as a Service (SaaS) is a business model where software is licensed to paying subscribers. The software application is hosted in a central location on the Internet, and subscribers connect to a website to be able to use the software. This type of distribution model is sometimes referred to as “Software On Demand.”
Other interesting terms…
