Are you wondering what is XaaS(Anything as a Service)? Why use it for your business?
In this blog article, we will answer the most popular questions about the XaaS, Anything as a Service, or Everything as a Service business model.
You are asking the right questions, given the increasing popularity of the XaaS model in the cloud computing market. According to a report by Fortune Business Insights, the global market for everything as a service or XaaS will reach 2.3 trillion by 2029, growing at a CAGR of 23.4% during the forecast period.
Let’s see in detail what is XaaS, how it works for businesses, what are its benefits and drawbacks, etc.
What is XaaS?
Cloud computing has changed over the years the interaction between businesses and computing resources.
Cloud resources enable businesses of all sizes to efficiently utilize computing resources like servers, development platforms, data storage, etc., without installing them on their premises. The result is a …