CLOUD
IaaS market revenue is projected to hit
US $ 183.50bn in 2024
Marketing for Nokia ’ s Cloud Network Services division . “ PaaS provides a platform for developing and deploying applications , including tools , libraries and runtime environments . PaaS customers manage the applications but not the underlying infrastructure .”
The business case for IaaS The adoption of IaaS brings numerous benefits to businesses across various
industries and sizes . One of the most significant advantages , Mallory emphasises , is the speed and agility it offers . “ The most prominent advantage IaaS brings to businesses is speed . If a large organisation needs hardware to build a new product or expand into a new region , for example , they will have two options ; either purchase the hardware or leverage IaaS .”
By eliminating the need for physical hardware procurement and setup , IaaS dramatically reduces the time to market for new products and services . This agility is crucial in today ’ s fast-paced business environment , where the ability to quickly adapt to market changes can make or break a company ’ s success .
Cost savings are another compelling reason for businesses to adopt IaaS , Liron explains , with the model enabling businesses to optimise their IT spending ,
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