A Multi Tenancy Model is a business practice where a single instance of the application and its underlying infrastructure serves multiple customers, or “tenants”. Multi tenancy allows each tenant to customize their own environment, while still sharing common features with other tenants within the same platform. This model helps companies save costs while maximizing efficiency and scalability. Furthermore, it encourages collaboration among users, thanks to its built-in security mechanisms that protect and safeguard data from unauthorized access. By leveraging this model, companies can get the most out of their investments in technology without compromising on quality or performance.