Application Service Provider

Definition(s)

  • An application service provider is a company that delivers software applications to multiple users over the Internet or other network. Instead of purchasing software licenses directly from vendors or re-sellers, companies rent the software from an ASP, which hosts, maintains and upgrades software applications and computer hardware.
  • Providing a computer program or application across a broadband connection as a third-party provider. Allows users to lower the cost of deploying an application.

Notes

  1. Vinson & Elkins LLP Practice Support, EDD Glossary.
  2. Formerly American Document Management, Glossary of Terms, now 5i Solutions Glossary.