Software as a Service (SaaS)

Definition - What does Software as a Service (SaaS) mean?

Software as a Service (SaaS) is a distribution model of software where customers access software over the Internet. In SaaS, a service provider hosts the application at its data center and a customer accesses it via a standard Web browser.

There are a few major characteristics that apply to most SaaS vendors:

  • Updates are applied automatically without customer intervention
  • The service is purchased on a subscription basis
  • No hardware is required to be installed by the customer

SaaS is also known as hosted software or on-demand software

Digital technologies, such as a SaaS Cloud-based solution, are used to improve outdated processes, improve productivity, and increase the profitability of business. Moving away from old processing to real-time analytical capabilities can save an organization time, money, and exposure to human-error.

Benefits Of SaaS Based Cloud Solution:

  1. You can work from Anywhere.
  2. It allows you to free up storage by storing it on cloud.
  3. If one device fails due to technical issue, same can be accessed from another device as data is stored on the cloud.
  4. No manual updates needed automatic updates of the products are given.
  5. You can focus on your business as maintenance and support are taken care by SaaS solution providers.