CPQ is a well established acronym in CRM software. It stands for "Configure, Price, Quote". We are what is called a SaaS provider (Software as a Service). The expression "as a Service" is understood to mean that the solution being provided is accessed and delivered via the Internet, as opposed to being installed on the client/user's computer system. Wikipedia provides a good explanation and many examples of recognized "as a Service" variations under their "As a Service" article. Telecom and D...