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IT Glossary - SaaS

SaaS

Similar to HaaS, Software as a Service is the option to lease specific software from a Managed Services Provider as opposed to the Capital Expenditure that would be required to purchase the software outright. An example of SaaS is procuring Microsoft licensing through a Managed Services Provider as opposed to purchasing the licensing from Microsoft directly. This provides flexibility and consistent updates as opposed to purchasing a particular version of the software and keeping track of an applicable update cycle.