The term "software as a service," or SaaS, is the new buzzword making the rounds at trade shows this year. Coined by John Koenig, president of SaaS consulting firm Riseforth, for the SDForum Software as a Service Conference in March of 2005, the phrase now falls easily off vendors' lips as they promote minimal implementation cycles, top-notch security and virtually limitless scalability.
But what is SaaS? Is it really something new or are application service providers (ASPs) just repackaging
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails