The document discusses developing a SaaS application in Azure. It defines SaaS as a software delivery model where software is licensed on a subscription basis and hosted centrally. Key characteristics of developing for multi-tenancy in SaaS include resource sharing between tenants, high configurability for tenants, and strong isolation of tenant data and access. Provisioning new tenants involves allocating resources and customizing the application for each tenant. Monitoring, disaster recovery, and billing are also important considerations for a successful SaaS application on Azure.