Software as a service (SaaS) and cloud computing have swept the IT world. With VSaaS, cameras are installed at the user’s site and video is streamed to systems at the provider’s facilities. Users are charged a monthly per-camera feeusually around $20. Managed video: Onsite recording; hosted video is stored at the customer’s site; managed video is remotely managed by the provider. In a managed environment, you can also have redundancy through onsite storage.”]
Source: https://www.csoonline.com/article/2126016/vsaas–the-basics-of-surveillance-as-a-service.html

