Here’s why XaaS is the new norm in business environments
Cloud computing has made it possible for tech firms to offer everything/anything as a service.
Disruptive technologies continue to influence every aspect of our daily lives. From documentation to communication, work production and navigation, among many other things, we are able to carry out tasks in the shortest amount of time and energy possible.
Digital tools, for instance, fuel productivity, cost efficiency, and product/service quality of many businesses across industries. One innovative instrument that organizations use today is the cloud, which refer to software and solutions that run on the internet, instead of locally on your computer. Its fundamental nature is XaaS, which is an umbrella term for utility-based applications that streamlines work processes, and can be consumed on a per-seat, per-month model, depending on usage.
The most prominent “as a service” models include SaaS (Software as a Service), PaaS (Platform as a Service), and IaaS (Infrastructure as a Service).
SaaS, IaaS, & PaaS: Traditional cloud service models
SaaS is said to have started the XaaS revolution. These are managed services by a third party provider over the internet, and are used by clients for their day-to-day operations. Examples of which include Customer Relationship (CRM) software solutions, and web and mobile messaging. It’s perfect for startups and small and medium-sized businesses which are looking for ways to systematize their operations at a fraction of a cost.
PaaS, on the other hand, refers to the computing platform that hosts its own hardware and software to help users modify or create their own apps. It’s suitable for mid-sized businesses, as well as enterprises who are into developing and running their own systems.
Iaas, in the meantime, typically provides hardware, storage, and data center space.These are offered by third party providers to businesses who want to manage their business IT component.
Other forms of “as a service” models
Aside from the aforementioned technologies, other forms of “as a service” models have also emerged. Examples of which include database as a service that typically provide scalable solutions for managing and retrieving large amounts of secured data through the cloud; storage as a service, in which a large company rents space in their storage infrastructure to a smaller company; and disaster recovery as a service, which is the replication and hosting of physical/virtual servers to provide data backup in the event of a man-made or natural catastrophe.
XaaS, however, is extending beyond cloud computing. Now, it encompasses pretty much anything that can be delivered via the internet that used to be delivered only physically. Case in point, Uber & Grab as forms of Transportation as a Service; Honestbee as grocery as a service; and Airbnb as an accommodation as a service.
This goes to show XaaS’ immense potential to grow and evolve still in the near future. It also proves how digital connectivity is able to transform processes across industries to make daily functions easier to do.