SaaS (Software as a Service) 

Software as a Service (SaaS) is a cloud-based software delivery model where applications are hosted by a vendor or service provider and made available to users over the internet on a subscription basis. Unlike traditional software, which is installed on local devices, SaaS is accessible via browsers and hosted on remote servers. Key features include: 

• Regular subscription pricing (monthly or annually). 

• Automatic updates and maintenance. 

• Scalability based on user needs. 

• Cloud-based storage and accessibility. 

Popular examples include Salesforce, Dropbox, Slack, and Google Workspace. SaaS is widely used by businesses for CRM, project management, collaboration, HR, and financial tools.