SaaS is one the three key terms you need to understand before figuring out all about Cloud. How is this word related with our SAP Cloud offerings?. Please keep reading because this is VERY important for you to understand.
The answer: Software-as-a-Service (SaaS). Easy huh?. Maybe not quite there yet.... What does it really mean?
"Software as a service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted."
Applications that can be subscribed are in use in our every day lives and are not uncommon. The SaaS model represents a significant shift in the way companies acquire and consume software applications.
Applications that traditionally may have only been available to large Enterprise companies are now consumable by small-medium businesses. Rather than paying up-front for large enterprise licenses, companies can effectively subscribe to software on a monthly, quarterly or annual basis for a contracted period of time - on an operating budget as opposed to a depreciated capital budget.
I hope this short description has clarified your anxiousness of not knowing what is the meaning of SaaS. Now you are few steps ahead of hundreds that may be wondering the same question right now.
In my team, we develop Rapid Deployment Solutions for Cloud and our content is very a important part to make SAP Cloud SaaS offering successful. I invite you to listen the following presentation if you want to learn more.
You can also join live one of our upcoming sessions:
In my next blog, I am going to explain the other two key terms you must know about Cloud. Stay tuned!