SAAS

SaaS or Software as a Service is a cloud-based software delivery model. Here the applications are hosted by a vendor and made available to users over the internet. Rather than purchasing and installing software on individual devices, users access it through a web browser or mobile app.

Key characteristics of SaaS

Users pay a monthly or annual subscription fee to access the software.
The same software instance is shared by multiple users, which allows for scalability and cost-effectiveness.
The vendor is responsible for managing the software infrastructure, including updates, security, and performance.
Users with an internet connection and a compatible device may access the software from any place, making it ideal for remote work and collaboration.
Users can easily add or remove users as needed, making it adaptable to changing business requirements.