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Glossary · SomSkillTech

What is SaaS?
Definition & Guide

Definition

SaaS (Software as a Service) is a cloud-based software delivery model where applications are hosted on the internet and made available to users on a subscription basis, eliminating the need to install or maintain software on local computers.

💡 Did You Know?

The Indian SaaS market is projected to reach $26 billion by 2026, with over 1,000 SaaS companies headquartered in India.

What is SaaS?

SaaS stands for Software as a Service. It is a method of delivering software applications over the internet as a service. Instead of installing and maintaining software, you access it via the internet, freeing yourself from complex software and hardware management.

Examples of SaaS

  • Google Workspace
  • Salesforce
  • Zoho
  • Microsoft 365
  • Slack

SaaS vs Traditional Software

SaaS reduces upfront costs by up to 80% compared to traditional on-premise software, making it ideal for Indian startups and SMBs.

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