Is there a true SaaS offering for Sage X3?

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Hello All,

The title says it all. I had a discussion with a Sage rep a few years ago that gave me the impression that true Sage X3 SaaS was around the corner in the US. Since then, I've talked to vendors in Canada and it seems like the only options are on-prem or a private cloud scenario (which comes with an unsupportable price tag of over 100K a year for a single server with backup). I would be interested in a true SaaS offering if it exists. Is it real or am a I dreaming? Also I'd be interested in what your setup is like (on pem, private cloud, etc.) if you're ok with sharing.