Reinventing New Revenue Streams through SAAS and Cloud

20.09.18 04:01 AM By Praveen

SAAS and Cloud

Software as a Service is a software licensing and delivery model in which software is licensed to a user. The software, or application is accessed via the internet and a web browser. You do not need to install and maintain the software.

The application runs on the SaaS provider’s servers. The 3rd-party provider then is responsible for the security, performance, and maintenance of the application on their servers.

Typically, SaaS applications are licensed on a subscription basis. You pay a monthly fee based on level of service and number of users needed. In this way, a SaaS delivers and maintains their application to you over the internet, as a service.

Cloud-computing and SaaS are different, but closely related terms of the same idea. We’ll explain that more in-depth later. First, we’ll define cloud-computing and SaaS.

The terms cloud is seemly used to describe everything nowadays. Many software providers are offering cloud-based systems.

What is the cloud? The cloud can be thought of as the internet.

If you’re using cloud-based software, you can use the internet to access that system whenever and wherever you are. You just need an internet connection and the ability to log into the system via a web browser.

Before cloud-computing, companies would need their own servers or computers at their office in order to use software. You would have to physically install a CD on your personal computer to use it. Then,  you could only access your data on that computer.

For cloud-computing, however, a 3rd-party is hosting your software on a remote server where they store and process your data. These servers are housed in data centers all over the world.

When you want to access your data, you just open up your Chrome browser and log into your account. You can be on a desktop computer, phone, or PC. You can be at the office, home, or at the airport. It doesn’t matter, as long as you got WiFi.