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Sass (as in sassy). Not sure where you would ever get "sauce" from unless it's a local accent that makes the two sound the same anyway.
I would probably never say SaaS in a formal presentation since it's an awkward acronym, if you're speaking just say Software as a Service. Calling it SaaS is what i'd do around coworkers/friends though.
+1 for SaaS being spoken as "Sass" as in "sassy". I wouldn't have a problem with using it in a presentation, as long as you first 'define' it as 'Software as a Service'.
sass as in sassy. I've heard people say "saas" in a conference, but Savatar is right, most would actually say "Software as a Service", at least the first time in a presentation.
Don't get sassy with me! We need more SAS drives to power our SAAS!
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