"SaaS," or Software as a Service, provides software users with access to applications through the cloud rather than traditional licensing. This model allows users to utilize software via the internet without needing to install or maintain it on local devices. SaaS vendors handle updates, security, and infrastructure, ensuring users have reliable access to the latest features. Subscription pricing makes SaaS financially viable for many organizations, as it reduces upfront costs and allows for easy scalability. Overall, SaaS offers flexibility, accessibility, and efficiency for software utilization.