What is SaaS?
SaaS (Software as a Service) is a model where software is hosted in the cloud and accessed via subscription over the internet, rather than installed and owned outright.
Example
Tools like Netflix, Slack, and Google Workspace are SaaS products, you pay a recurring fee to use software in the cloud.
Related terms
Cloud Computing
Cloud computing is the delivery of computing services-servers, storage, databases, and software-over the internet, so users can access resources on demand without owning hardware.
API
An API (Application Programming Interface) is a set of rules that lets different software applications communicate, allowing one program to use the features or data of another.
Startup
A startup is a young company built to develop a scalable business model around an innovative product or service, often growing quickly and seeking outside funding.