ELI5: Explain Like I'm 5

saas

SaaS stands for "Software as a Service". It's a way of delivering software to people over the internet. Instead of needing to buy the software, install it on your computer, and manage it on your own, people can access a software program online. All changes and upgrades are done by the software provider, so the user won't need to worry about managing the software themselves. It's like renting software instead of buying it!