Technology continues to transform how we live our daily lives. So much so that technology has made its way into just about every aspect of modern life. Indeed, everything has an app or software tied to it nowadays. This has made things infinitely more convenient, as processes get streamlined in a way that prioritises efficiency. One of the best examples of this software as a service (SaaS).

SaaS has completely transformed how we do things in the digital age. Through SaaS, consumers control their data while the IT side is managed by their service provider. This has made technology extremely accessible, which allows it to be integrated in other aspects of modern society. With that being said, even this is slowly starting to change as SaaS has paved the way for XaaS.

But what exactly is XaaS and how will it shape the future? If you want to know more about this, read on as we break down everything you need to know about XaaS.

What Is XaaS?

XaaS is a collective term that refers to the delivery of anything as a service. This is a blanket term used to describe the products, tools, and technologies that are used to deliver a service over the internet as opposed to software that has to be installed on-site. XaaS include Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS). However, this doesn’t mean that XaaS is limited to the things that we’ve listed above.

Basically, any IT function can be transformed into service. This becomes increasingly true as the technology that supports cloud computing continues to get better. And considering that there are many benefits attached to XaaS, more services are sure to pop up in the coming years.

What Are the Advantages of XaaS?

Speaking of benefits, it’s time we talk about the advantages of XaaS over traditional software. The benefits range from more affordable expense models to the sheer speed and performance that XaaS provides.

With XaaS, businesses can essentially cut costs as they pay for the service on a subscription basis. This saves businesses money as the service provider will be handling everything including, installation, servers, security, maintenance, and infrastructure. Businesses now only have to shell out funds for what they need as the capital expenses are converted into operating expenses.

Aside from saving money, XaaS also allows businesses to reallocate their IT resources to other more important projects. Because their day to day operations will be streamlined, this lets businesses focus on other projects that will help fuel their long-term growth.

What Is the Future of XaaS?

As we mentioned above, XaaS will become even more prevalent as the technologies that power cloud computing get better. Couple this with the rise of the Internet of Things, and it the longevity of XaaS is pretty much assured. Considering the many benefits attached to it, it wouldn’t at all be surprising to see a massive shift to XaaS in the years to come.

Conclusion

We hope this article has helped you learn more about XaaS and how it can potentially change your business. It’s important that you are kept up to date with the innovations in technology as these innovations are what will bring your business into the future.

Informatics is a custom software development firm that delivers everything from bespoke insurance software solutions to e-government software solutions. We offer various infrastructure solutions and services to help insurance companies, banks, and other businesses maximize their performance with the help of technology.

Written by Daniele Paoletti