SaaS (Software as a Service) is a business model in which the software and the data processed by it are stored on a vendor’s servers and accessed via the network. SaaS is managed and used by a third party, just like an application. It is not a customisable package, since it looks the same to every customer. To use it, one need only just log in and subscribe.
- Easy to implement
- Low cost
- Better user control (you don’t pay for the software, just for using it)