Hosted Applications

Web hosted applications are where you access the application hosted on the hosts ( ASP ) Appplication Server Provider through a browser. You don't buy the application, you rent it, or pay-per-use as it is called in the industry parlance which means that the cost of the application or the rent is low, so that even ( SME ) Small and Medium Enterprises can use it effectively to plan their technological forays. The small application developers lose their market share to the bigger players as rented or hosted software would be more affordable and having better quality than them. The issues on the flip side include that of security of the shared data, as it is in the custody of third party. A solution for security issue could be that clauses be incorporated in the contract stage itself.