Terms starting with ‘S’

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SaaS
Software as a Service — Cloud application services, whereby applications are delivered over the Internet by the provider, so that the applications don’t have to be purchased, installed, and run on the customer’s computers. SaaS providers were…
SLA
Service Level Agreement (SLA). An SLA is contract between a provider and a consumer that specifies consumer requirements and the provider’s commitment to them. Typically an SLA includes items such as uptime, privacy, security and backup procedures.
Subscription based pricing model
A pricing model that lets customers pay a fee to use the service for a particular time period, often used for SaaS services See also: Consumption based pricing model