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Examples - Online Storefront, Order Management System, CRM System, Warehouse Management Systems, Exchange Rate Service, Credit Card Payment Service.
An application service provider (ASP) is defined as an enterprise that delivers application functionality and associated services across a network to multiple customers using a rental or usage-based transaction-pricing model.
An Application Service Provider (ASP) is a company that provides software applications over the internet.
A software provider will either host the application and related data using its own servers, databases, networking and computing resources, or it may be an ISV that contracts a cloud provider to host the application in the provider's data center.
HP, SAP and Qwest are application service providers that formed an alliance to offer SAP's R/3 applications at cybercenters that serve other companies. Microsoft is another application service provider, which has offered its SQL Server, Exchange and Windows NT server on a rental basis.