|Definition||:||Product as a Service|
|Category||:||Business » Business Terms|
What does PaaS mean?
Product as a Service (PaaS) is a business model in which the customers use products through a lease or pay-for-use arrangement versus the conventional buy-to-own approach. In PaaS, the customer subscribes to a product and pays a recurring fee.
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||PaaS||Platform as a Service|
||PAAS||Pan American Silver Corporation|