Everything as a Service (XaaS): what is it?
The evolution of Cloud as-a-service solutions is Everything as a Service, also called XaaS. A recent study of Market Research gives to XaaS a market growth rate of 40% within 2020. XaaS concept shows a change in the IT paradigm, a new era in the Cloud in which each tool, function or system shall be provided as a service. Not just the “classic” solutions like IaaS, PaaS, SaaS, but also storage, Disaster Recovery, cyber-security solutions, anything that a business may need at the Information Technology level, must be supply as a service. In short words, with XaaS you pass from selling products to selling their value as services. At a consumer level it is a well-established business model, but in the IT scenario it represents a crucial turning point able to really innovate firms and increase their productivity and efficiency. Indeed, the basis of an as-a-service model is a win-win relationship between provider and customer: companies do not have to bear significant investments at once and providers has the security of long-term contracts.
