So, what is “SaaS”? Webopedia and Wikipedia have provided descriptions to better explain and define Software as a Service (SaaS) such as Mediabox-PA and Mediabox-DAM:
SaaS - Software as a Service, Storage as a Service
"Short for Software as a Service, SaaS is a software delivery method that provides access to software and its functions remotely as a Web-based service. Software as a Service allows organizations to access business functionality at a cost typically less than paying for licensed applications since SaaS pricing is based on a monthly fee. Also, because the software is hosted remotely, users don't need to invest in additional hardware. Software as a Service removes the need for organizations to handle the installation, set-up and often daily upkeep and maintenance. Software as a Service may also be referred to as simply hosted applications."
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"Software as a service (SaaS, typically pronounced [sæs]), sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally (typically in the (Internet) cloud) and are typically accessed by users using a thin client, normally using a web browser over the Internet.
While practically every Internet service (such as Web search engine or web-based Email) is driven by some underlying software, the term Software as a Service (SaaS) is often used in the context of business applications, and in some cases even more narrowly as software in a category which has on-premises software; i.e., equivalent applications that are installed in businesses' computer networks or personal computers."
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