As organisations continue their rush to the cloud , the XaaS model continues to grow , with the global market to hit US $ 1tn by the end of the decade
WRITTEN BY : MARCUS LAW
From robotics to mobility solutions and even jet engines , Everything-asa-Service ( XaaS ) models have become increasingly prevalent . And , with cloudbased ‘ as-a-service ’ models fuelling growth for businesses globally , the trend shows no sign of stopping .
A collective phrase for the provision of any good or service , XaaS includes all of the many services , tools , and technology that manufacturers offer to consumers . The model – paid for in a flexible consumption model rather than in the form of an upfront purchase or licence – has a range of benefits , whether improving the expense model and speeding new apps and business processes , or allowing IT resources to be shifted to higher-value projects .
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