Business Service Provider

A new breed of software developer that rents out business applications. Companies can access applications via the Net rather than purchasing them. A BSP's offerings are hosted by a computer service provider and are often tailored to a specific industry, such as banking, food service, or airlines. first-generation BSPs include companies such as Automatic Data Processing (ADP), a leader in payroll distribution.

See also : ASP  
NetLingo Classification: Online Business