Technology Magazine February 2023 | Page 99

ENTERPRISE IT “ 30 % of large data centre servers are unused . That means a waste of US $ 30bn dollars annually ”

VALERIE DA FONSECA WW SALES AND GTM DIRECTOR GREEN- LAKE CLOUD SERVICES , HPE
XaaS isn ’ t a new phenomenon , but as consumers move more workloads to the cloud , there are indications from manufacturers and researchers that XaaS will become an increasingly widely-used business model . Research by Spherical Insights suggests the global XaaS market could reach US $ 1.2tn by 2030 , caused by an increase in the number of internet users , the quick adoption of cloud services , and the production of more data by businesses .
As KPMG describes , over the last two decades , the ‘ as-a-Service ’ model has revolutionised how technology resources are provisioned and consumed .
“ From a consumption perspective , there has been a rapid migration to on-demand environments that can be provisioned through self-service , with elasticity to allow rapid scaling and ubiquitous availability via multiple access channels and with billing flexibility ,” KPMG says .
Moving to the cloud Utilising cloud infrastructure has a number of benefits . According to Oracle , by moving
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