SaaS

An initialism for "software as a service," a software distribution model in which a client pays a third party via subscription to store and maintain applications that can be accessed by the client over the Internet (i.e. on the cloud). SaaS makes it easy for businesses to maintain a current software suite.

See also:

software as a service
EEE
ADS
0-day
zero
user
user base
install(ed) base
install(ed) user base
be money in the bank

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