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Software as a Service (SaaS) is a software delivery model in which software and associated data are centrally hosted in the cloud and accessed by users through a web browser. It is a type of cloud computing that delivers a single application through the internet, which is managed by a third-party vendor. SaaS eliminates the need for organizations to install and run applications on their own computers or in their own data centers.
SaaS applications are typically accessed by users using a thin client, such as a web browser, while the business software and data are stored on servers at a remote location. This allows users to access the software from any location with an internet connection. SaaS also eliminates the need for organizations to purchase, install, and maintain software licenses, as the software is typically licensed on a subscription basis.
Some of the companies in the SaaS market include Salesforce, Microsoft, Oracle, Adobe, SAP, and Workday. Show Less Read more