ITPEC FE Morning April 2019 Question 64
ITPEC FE Morning April 2019 — Question 64 of 80
SaaS (Software as a Service) — A model where users access applications hosted by a service provider over the Internet, using only the needed functions on demand.
The question describes a scheme where users connect to a provider's system via the Internet and use only the necessary application functions at the necessary time — this is the definition of SaaS.
- •a) ERP — Enterprise Resource Planning is a type of integrated business management software (e.g., SAP), not a delivery model.
- •c) SCM — Supply Chain Management deals with logistics and supplier coordination.
- •d) XBRL — eXtensible Business Reporting Language is a markup standard for financial reporting.
Key rule: SaaS = software delivered as a service over the Internet, no local installation, pay-per-use or subscription model. Think Gmail, Salesforce, Google Docs.
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