Software-as-a-service (SaaS) is a new distribution model that is rapidly gaining popularity with businesses all over the world. A branch of cloud computing, SaaS lets businesses and consumers lease a particular piece of software from a third-party supplier, who delivers it over a network connection -- most commonly the Internet. As with other examples of cloud computing, this provides a number of benefits in terms of flexibility, scalability and affordability, which is why it is hardly surprising that many businesses have been willing to embrace SaaS. In fact, global SaaS revenues are expected to grow 21 percent year over year… [Continue Reading]