ASP

Application service providers (ASP) are businesses that offer software applications and related services over the internet, typically on a subscription basis. Programs that once needed to be purchased and installed can now be accessed online for a monthly fee.

ASPs are often a cost-effective way for small- and medium-sized businesses to gain access to powerful technology tools. Accessed through the cloud, these tools can include things like payment gateways, customer relationship management (CRM) systems, and more advanced security protocols.

Even better, ASP offerings are continually and automatically upgraded, giving users one less thing to worry about. ASPs are also designed to scale with businesses, adapting seamlessly to evolving needs.

Many application service providers serve smaller organizations on a pay-as-you-use basis, while larger enterprises may get discounted rates by committing to an ongoing contract. Some providers may even offer a full or partial service package at no cost.

See also Software as a Service