What is an application service provider(ASP)?

You may have heard the term "application service provider" or ASP before, still you may not know what does it mean? It can be tough to understand an application service provider without a concrete example. This video will give you a simple explanation of what an application service provider is and how it works. We will discuss application service provider(ASP), the benefits of using an ASP, some common examples of ASPs, how to choose the right ASP for your business needs, and the risks associated with utilizing an ASP.