What does SaaS mean

SaaS stands for Software as a Service".  Software as a Serice SaaS) is a sofware distribution method, where a company offers software, usable via a website browser, in return for a monthly/yearly fee. Another way to explain it, is to give a real world example. In the old days, we purchased MYOB for our accounting package. We installed the software from a CD-ROM onto our desktop computers and laptops. This method of delivery software delivery is most certainly not SaaS based. Nowdays, we don't use MYOB desktop version anymore. All our accounting is done using Xero, which is a browser based accounting package. We don't...