Strategy and product
SaaS
Software as a service: software you rent by subscription and use over the internet, instead of buying and installing it.
You'll hear it as
We're moving from licences to a SaaS model.
Why it matters to you.
Recurring subscriptions are why software companies are valued so highly, and why uptime is a revenue issue, not just a technical one.
Related terms.
Videos.
Mentioned in 1 video, plus more on Business & startups.