SaaS stands for "Software as a Service". It is a model for delivering software applications over the internet
, as a subscription-based service
rather than as a traditional, locally installed software application.
In a SaaS model, the software application is hosted and maintained by the service provider, who makes it available to customers over the internet. Customers typically access the software through a web browser or mobile app, and pay a monthly or annual subscription fee to use the service.
SaaS has become increasingly popular in recent years, as it offers a number of benefits over traditional software models. These benefits include:
- Accessibility: SaaS applications can be accessed from anywhere with an internet connection, making them ideal for remote work or mobile use.
- Scalability: SaaS applications can be easily scaled up or down to meet changing business needs, without the need for expensive infrastructure investments.
- Cost-effectiveness: SaaS applications are typically more cost-effective than traditional software models, as customers only pay for the features and functionality they need, and do not have to invest in expensive software licenses or hardware.
- Maintenance and updates: SaaS providers are responsible for maintaining and updating the software application, freeing up customers to focus on their core business activities.
SaaS has become a popular model for a wide range of software applications, from customer relationship management (CRM) and human resources (HR) software to project management and accounting tools.