Software as a Service (SaaS)
E-commerce
Web 2.0
Service Oriented Architecture (SOA)
Business Process Automation
Content Management Systems (CMS)
You've spotted a trend: QuickBooks online, Microsoft Live, Gmail. There are no CD's and no software to install. All that you need is a browser. Software-as-a-Service enables web native applications to handle your organization's needs. Unlike "conventional" software packages you no longer have to wait for updates. The new applications are online and are frequently updated, so you don't have to wait for the next version, as the features are added continuously.
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Perfect Picture School of Photography is an e-learning system with various subscription packages. It offers several online classes where you can learn photography. The site has advanced Q&A forums, an integrated payment system, and several features that mimic the behavior of desktop software. An advanced administrative system allows managing courses, students, and instructors easily.