software-as-a-service

Vocabulary Word

Definition

'Software-as-a-service' or 'SaaS' is a way of using software. Instead of buying it and keeping on your computer, you use it on the internet and pay a regular fee for it.

Examples in Different Contexts

For creative teams, 'software as a service' means using design tools via the internet. A Creative Director might note, 'With SaaS-based design tools, our team collaborates in real-time from anywhere in the world.'

Practice Scenarios

Marketing

Scenario:

Our marketing strategies could use some upgrading. We need a platform that can integrate all our efforts and provide detailed analytics.

Response:

We should use a SaaS platform that offers marketing automation and extensive analytic tools.

Tech

Scenario:

Our development team aims to create an online platform that allows users to track, interpret and display data in real time without the need for any intricate installations.

Response:

Then we should definitely consider creating a SaaS product.