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One of the newest trends in software is the sale or leasing of web software. Unlike traditional software models where the user purchases a copy of the software, a license, and then installs the program on a local machine, web software is accessed online without a local installation. The advantages of web software are lower computer requirements for use, programs that are always updated, and portability of the application to any internet ready device. The drawbacks are that the applications can only be used while online and usually a monthly or yearly fee must be paid for continued usage.

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