Saas - A Brief History

• In 1960s, IBM and other mainframe providers conducted time-sharing or utility computing services, offering computer power and database to banks and large organization
  
• In 1990s with the expansion of Internet, Application Service Providers (ASP) appeared. They provided small businesses with the service of hosting and managing specialized business application
  
• Starting from 2003, the true SaaS became popular due to the increased speed of internet connections. Ultimately, all software will be webbased and pay-as-go