Application Service Provider (ASP) is an external unit that controls and disperses software applications using the internet over a network. ASP helps in reducing the costs and various complexities associated with software distribution and maintenance.
There are different kinds of ASPs. Some of them being:
Enterprise ASPs: these are designed for complex businesses to suit their intense requirements.
Regional ASPs: these are suitable for smaller businesses that cover small geographic locations.
Specialist ASPs: they are designed to cater to specific requirements such as accounting, human resources, and payroll and so on.
Vertical market ASPs: they are industry specific designed to cover the overall needs of the same. It identifies the trending requirements of the industry and answers the same.
Volume Business ASPs: provides a set of applications for which the customers pay in advance and also are well aware of the services that fall in the brackets of the packages designed.
Get more definitions about application service provider (ASP) and other ERP related terms here.