Application Service Provider
From Market Ruler Help
An Application Service Provider or ASP is a business that offers individuals or enterprises access to applications and related services over the Internet. Historically, the goal of an ASP was to give customers a way to outsource specific computer applications so they could focus on their business's core capabilities. In the ASP model, the application software resides on the vendor's system and is accessed by users through a web browser using HTML or by special purpose client software provided by the vendor.