This document discusses software as a service (SaaS) and cloud computing. It notes that key drivers for SaaS adoption are cost effectiveness and ease of deployment. Common SaaS applications include CRM, finance, BI, and collaboration tools. The document also discusses challenges for SaaS providers such as improving performance and expanding into new markets. It states that cloud computing offers benefits like lower costs and business agility but faces challenges regarding security and ownership. For cloud computing to succeed, the internet will need to be more robust and secure to support emerging cloud offerings.