SAAS

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A SaaS (Software as a Service) business model involves providing cloud-hosted software accessible over the internet on a subscription basis, typically monthly or annually, instead of selling it outright. Customers gain access to digital products like web or mobile applications, paying for usage rather than ownership, and can access them from any internet-enabled device. Key characteristics include cloud infrastructure, recurring revenue, multi-tenancy, and continuous updates, which offer flexibility, scalability, and reduced maintenance for users