Definition - What does On-Demand Software mean?
On-demand software is a type of software delivery model that is deployed and managed on a vendor’s cloud computing infrastructure and accessed by users over the Internet as and when required. On-demand software enables a user/organization to subscribe to software on a pay-as- you-go, monthly billing method.
On-demand software is also known as Software as a Service (SaaS), online software and cloud-based software.
Techopedia explains On-Demand Software
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