Hot Banana Software Inc. announced that it will be launching Hot Banana On Demand, a Software-as-a-Service pricing model. The Hot Banana On Demand or Software-as-a-Service (SaaS) model offers benefits for companies of all sizes looking to reduce overhead, increase competitiveness and focus on core competencies. The key advantages of using the Hot Banana On Demand Web Content Management Suite (CMS), are accelerated implementation timelines, and faster ROI, lower up front costs, predictable ongoing expenses, reduced IT overhead and ease of installation, updates and maintenance. Hot Banana is actively positioning itself to capture a share of the global application hosting market. Hot Banana has the following pricing models for the three versions of the Hot Banana Web Content Management Suite – Small Business, Mid-Market, and Enterprise, depending upon the number of seats: Hot Banana On Demand for clients who want the convenience of rapid deployment of Software as a Service, and the lower monthly costs associated with the pay-as-you-go model; Hot Banana Licensed for clients who prefer a perpetual license, who want to own, install and run the software themselves in their own data centre, or choose a dedicated hosting installation at the Hot Banana Hosting Center. The new pricing model is designed to accelerate the market adoption and growth of Hot Banana. The on demand pricing model is complimentary to the existing Hot Banana software licensing model, and allows clients to choose which method of paying for a Web CMS is best for their business.