ASP

Application Service Provider

A third-party entity that manages and distributes software-based services and solutions to customers over a wide area network, typically the Internet. In simpler terms, an ASP hosts software applications on its servers and makes them available to customers via the Internet, usually on a subscription or rental basis. Key characteristics of ASPs include:

1. Software Hosting: ASPs own, operate, and maintain the servers that host the software applications they provide to their customers.
2. Remote Access: Customers access the software applications via the Internet using a web browser or a thin client without installing or maintaining the software on their computers.
3. Subscription-based Model: ASPs typically charge their customers on a subscription or rental basis, either per user or per use, rather than requiring them to purchase the software outright.
4. Maintenance and Support: ASPs are responsible for managing, updating, and supporting the software applications they provide, relieving their customers of these tasks.

By using ASPs, companies can access sophisticated software applications without the need for extensive in-house IT infrastructure or expertise, potentially reducing costs and allowing them to focus on their core business activities.

• Abbreviation: ASP
• Source: Application Service Provider

Additional Acronyms for ASP

• ASP - Active Server Pages
• ASP - Average Sales Price