Application Service Provider (ASP)
An Application Service Provider (ASP) is a company that provides access to software applications over the internet, rather than selling the software itself. This can be done through a subscription model, where customers pay a monthly or yearly fee to access the software, or through a pay-per-use model, where customers only pay for the software when they actually use it.
ASPs are often used by small and medium-sized businesses that do not have the resources or expertise to manage their own IT infrastructure and software. By using an ASP, these businesses can access the software they need without having to worry about installing, updating, and maintaining it themselves.
ASPs can provide a variety of different types of software, such as accounting, customer relationship management, and project management software. They may also offer additional services, such as training and support, to help customers get the most out of the software.