Mihai Corlan, Jack Wilber and I have put together a short white paper on Software as a Service (SaaS).   Software as a Service (SaaS) has     become a popular term within software industry circles since its introduction     in early 1999.   While many in the press have predicted that SaaS may     eventually replace the incumbent model for software delivery, more likely an     approach will evolve that combines the best of both worlds. 
The white paper     examines the core pattern of SaaS in pragmatic terms. It also outlines some of     the strategic advantages SaaS can provide over distributed and shrink-wrapped     software.  The paper is not intended to be a singular authoritative     source for defining SaaS so please do not interpret it as such.
Read it here:
http://www.adobe.com/devnet/articles/saas.html
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