What describes the SaaS (Software as a Service) model?

The Software as a Service (SaaS) model is characterized by accessing applications over the internet. In this model, software applications are hosted on a cloud infrastructure and provided to users via the web. This means that users do not need to install or run the software on their personal devices; instead, they can access these applications through a web browser, often requiring only an internet connection for functionality.

This model offers numerous advantages, including scalability, automatic updates, and a pay-as-you-go pricing structure, which can lead to cost savings for individuals and organizations. Users benefit from the ability to access their software from anywhere, enabling greater flexibility and collaboration, especially in a world where remote work is becoming increasingly common.

The other options describe different concepts. Hosting applications locally refers to traditional software installation, while providing virtualized computing resources aligns more closely with Infrastructure as a Service (IaaS). Developing applications with managed platforms is more relevant to Platform as a Service (PaaS), where developers are provided with a framework to build and manage software applications without the need for underlying infrastructure management.