Capterra Glossary
Software as a Service (SaaS)
Software as a service (SaaS), also known as web-based software or on-demand software, is software that companies use but do not own. Instead, software providers own, deliver, and manage the tool remotely. Users pay a monthly fee to access the software instead of buying it.
What Small and Midsize Businesses Need to Know About Software as a Service (SaaS)
The adoption of SaaS platforms has grown rapidly in recent years. SaaS is popular with SMBs because:
-It's a more convenient cost model. You pay for the software as you use it, versus one up-front license payment . -There is no need for in-house support and maintenance to perform upgrades. -It easily scales as your business grows.
Related Terms
- Synchronous
- Intranet
- Security Orchestration, Automation and Response (SOAR)
- Identity and Access Management (IAM)
- Managed Service Provider (MSP)
- Haptics
- WAN (Wide-Area Network)
- Service-oriented Architecture (SOA)
- Augmented Reality (AR)
- Chief Information Officer (CIO)
- Security Information and Event Management (SIEM)
- Platform as a Service (PaaS)
- Service-Level Agreement (SLA)
- Scalability
- Data Center
- Authorization
- Multitenancy