Write for us + Saas: SaaS is a licensing model in which access to software is provided on a subscription basis. The software is located on external servers rather than on servers located in-house.
Software as a service is commonly accessed through a web browser with users logging into the system with a username and password. The user can access the program via the Internet rather than each user having to install the software on their computer.
Understanding Software as a Service (SaaS)
The rise of SaaS coincided with the rise of cloud-based computing. Cloud computing offers technology services through the Internet. This often includes access to data storage, networking, and servers.
Companies looking to update the software on their computers had to purchase compact discs before SaaS. The discs contained the updates and they then had to download them onto their systems. Updating software was a time-consuming endeavor for large organizations.
Users can log in through the Internet or a web browser and connect to the service provider’s network to access the particular service with SaaS. Technology companies, financial services companies, entertainment, and utilities have led the business world in adopting SaaS technology.
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Saas Related Terms
- Annual Recurring Revenue (ARR)
- Average Revenue Per Paying User (ARPPU)
- Application Programming Interface (API)
- Billing cycle
- Bootstrapping
- Customer Acquisition Cost (CAC)
- Churn rate
- Customer Lifetime Value (CLTV)
- Conversion rate
- Cohort analysis
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