SaaS — Software as a Service
Definition: A software licensing model where applications are accessed via subscription over the internet.
Example
In board meetings, you'll often hear something like: "Let's pull the latest SaaS numbers before we make a call" — shorthand for software as a service.
When you'll hear it
SaaS shows up most often in board meetings, quarterly business reviews, and strategy off-sites. When someone uses it, they're usually referring to software as a service — and they expect the room to already know what that means.
FAQs
What does SaaS stand for?
SaaS stands for Software as a Service.
What does SaaS mean in business and finance?
A software licensing model where applications are accessed via subscription over the internet.
Where will I hear SaaS used at work?
SaaS comes up most often in board meetings, quarterly business reviews, and strategy off-sites. It's used as shorthand for software as a service, so people assume you already know the term.
Related terms
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