SaaS stands for "Software as a Service" and refers to a way of delivering applications over the internet as a service, rather than installing and maintaining software on local machines. Instead of purchasing software as a product, users subscribe to a set of capabilities that are rendered as a service. SaaS applications run on a providers servers, and the provider manages access to the application, including security, availability, and performance. SaaS products are sometimes called web-based software, on-demand software, or hosted software. Examples of popular SaaS products include Google Workspace, Salesforce, Trello, Zoom, DocuSign, Slack, Adobe Creative Cloud, Mailchimp, Netflix, and Spotify.
SaaS products are accessible to all users and are often called web-based software or hosted software. They are a part of cloud computing technology, providing ease of use to visitors without requiring any specific equipment or experts. Customers wishing to use SaaS products are provided with a licensed subscription which they can easily access over the internet. The responsible SaaS company introduces the software on its servers and shares it with its subscribed users, and from that moment on, the company becomes responsible for providing maintenance, updates, and support.
SaaS products have many advantages over traditional software delivery models, including accessibility, rapid deployment, and automatic updates. SaaS products are also diverse, ranging from video streaming services to IT business analytics tools. The SaaS market includes a variety of software vendors and products, from small, single-product vendors to cloud giants such as AWS and Google.
