- Software as a Service (SaaS) is a delivery model in which software applications are hosted by a service provider and made available to customers over the internet on a subscription basis. It allows users to access and utilize software applications without the need to install, maintain, or heavily invest in technology infrastructure.
- SaaS is relevant to a multitude of economic sectors beyond merely computer services, as it offers scalable, accessible, and cost-effective solutions applicable to industries such as healthcare, finance, education, retail, manufacturing, and government, among others, thus facilitating digital transformation and enhancing operational efficiency across the board.