Provided by: IAES
Date Added: Feb 2013
During the last decade, there has been a major paradigm shift in the way the software services are being provided to the enterprise and corporate sector. Instead of using on-premises LOB (Line Of Business) applications, corporations and enterprises are switching to off-premises host applications that are now being offered as a service by several software companies. This new concept of providing software service is generally known as SaaS (i.e., Software as a Service). However, the adaptation of such a model necessitates that the applications which are required to be provided as a service should be generalized for users or groups of users. The users or user groups ordinarily correspond to a company or group of companies/businesses and are termed as tenants.