An Application Service Provider (ASP) is a corporation or service provider that hosts, manages, and distributes software applications over the Internet to customers or consumers. The ASP approach enables enterprises to access and utilize software applications without the need to install or manage them on their own servers.
Example
A small firm subscribes to an application service provider (ASP) that offers cloud-based accounting software. Instead of purchasing and installing the program locally, customers may access and use it via a web browser.
