Software as a Service (SaaS) has grown extremely popular among the IT entrepreneurs over the last few years. It is an online module where businesses rent a software instead of purchasing and installing it on their own computers. Here all the processing work is completed over internet and the users can access the tools and the files using a web browser.
SaaS refers to the application that is hosted by a service provider or vender and is available for customers over a networks. SaaS is related to application service provider and on demand computing software delivery models.
SaaS allows organizations to access different business functionalities at a very low cost, usually less than the cost of paying for license. Moreover, organizations don’t need to invest in any additional hardware.