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Byline: J. Bonasia
Investor's Business Daily
What a difference a year makes.
In early 2000, the tech industry went gaga over application service providers, or ASPs.
The ASP business model seemed to make great sense. Using the Internet, ASPs would manage customers' software systems, letting them focus on their main business.
The concept became so popular that hundreds of providers appeared almost overnight. They offered software for accounting, personnel, sales,
inventory control and more.