How to Draft a SaaS Agreement in India? | Guide to SaaS license agreements | Key Points in a SaaS

Software as a service (SaaS /sæs/[1]) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.[2][3] SaaS is also known as on-demand software, web-based software, or web-hosted software.
SaaS is a business model specific to cloud computing, along with infrastructure as a service (IaaS) and platform as a service (PaaS).
SaaS apps are typically accessed by users of a web browser (a thin client). SaaS became a common delivery model for many business applications, including office software, messaging software, payroll processing software, DBMS software, management software, CAD software, development software, gamification, virtualization,[7] accounting, collaboration, customer relationship management (CRM), management information systems (MIS), enterprise resource planning (ERP), invoicing, field service management, human resource management (HRM), talent acquisition, learning management systems, content management (CM), geographic information systems (GIS), and service desk management.
Software as a Service (SaaS) is a software licensing and delivery model in which a software is licensed on a subscription basis. These softwares are web-based and does not require you to download to use. They are on-demand and hosted software which can be immediately and directly used by users.
The National Institute of Standards and Technology (NIST) defined software as a service (SaaS) in its 2011 definition of cloud computing:
The capability provided to the consumer is to use the provider’s applications running on a cloud infrastructure. The applications are accessible from various client devices through either a thin client interface, such as a web browser (e.g., web-based email), or a program interface. The consumer does not manage or control the underlying cloud infrastructure including network, servers, operating systems, storage, or even individual application capabilities, with the possible exception of limited user- specific application configuration settings.
SaaS applications are most useful in environments with reliable, low-latency networking with adequate bandwidth to import and export expected quantities of data and to facilitate smooth user interaction with the cloud-hosted software.
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