Guided by the benefits mentioned earlier, more and more businesses go in for cloud services. The future of cloud technologies has just begun but there are already numerous services offered by providers. Although their number is huge, we will list 7 cloud business models:
PaaS (Platform as a Service)
Platform as a service (PaaS) is a complete development and deployment environment in the cloud, with resources that enable you to deliver everything from simple cloud-based apps to sophisticated, cloud-enabled enterprise applications.The advantages of this business type include:
- The client can focus on creating and developing the product. The PaaS provider is responsible for the health of the IT infrastructure and underlying software;
- No need to hire specialists to support the platform;
- Fast project start-up and dynamic resource scalability;
- High fault tolerance of the server.
SaaS (Software as a Service)
SaaS applications are simply software applications that are provided over the internet rather than as desktop applications. By incorporating this model into your business, you reap the following benefits:
- The speed of integration into the current infrastructure is much higher;
- SaaS is a cross-platform service, i.e. it doesn’t depend on the software and hardware of the consumer;
- Accessing a SaaS application only requires a browser and internet connection, allowing users to log in from anywhere.
DaaS (Data as a Service)
DaaS is a data management strategy that uses the cloud to provide storage, integration, processing, and/or analytics services over a network connection. The major advantages that make businesses go in for this solution include:
- DaaS identifies the best and cleanest methodology and timing for gathering data and collecting insights;
- Since data service is the single update point, tracking data changes is easier which can lead to data quality improvements;
- DaaS increases the speed to access the necessary data by exposing the data in a flexible but simple way.
IaaS (Infrastructure as a Service)
Infrastructure as a service (IaaS) is a type of cloud computing service that offers essential compute, storage, and networking resources on demandThe major reasons why businesses select this model are as follows:
IaaS is suitable if the company has surges in demand. As the load increases, you can immediately get additional computing power. And when the load drops, you can return to the planned capacity of consumptionBuilding a complex IaaS infrastructure in the cloud for large projects may require the help of a provider with migration and administration. To monitor and manage critical indicators, prevent and correct failures, it is better to seek competent specialists for better results. If you consider the implementation of the IaaS model into your business, our experienced team is eager to provide you with all the information and help embed it.
- IaaS makes it quick and economical to set up or dismantle development and test environments;
- IaaS provides all the infrastructure to support web apps, including storage, web and application servers, and networking resources, which allows for scaling and speeding new app deployment;
- IaaS eliminates the cost of configuring and managing a physical data center.
AaaS (Analytics as a Service)
AaaS offers a fully customized data analytics platform for in-cloud data analysis on a subscription fee basis. Its objectives are the same as for on-premise solutions, i.e. to provide information that can be used to make better decisions. But its advantageous feature is that AaaS provides access to the benefits of data analysis without the need for one s own Data Warehouse and a full team of Data Scientists.
FaaS (Function as a Service)
FaaS opens the possibility of serverless execution of code, which allows developers to write and update it on the fly. The code will be launched as a response to an event, for example, when a user will click on an item in the web app. This makes it much easier to scale code and implement microservices.With FaaS, the physical hardware, virtual machine operating system, and web server software management are all handled automatically by your cloud service provider. This allows developers to spend more time writing application logic and less time worrying about servers and deploys.
NaaS (Network as a Service)
Network-as-a-service (NaaS) is a cloud service model in which customers rent networking services from a cloud vendor instead of setting up their own network infrastructure. NaaS can replace hardware-centric VPNs, load balancers, firewall appliances, and Multiprotocol Label Switching (MPLS) connections.Along with the obvious upsides shared by all cloud services, NaaS makes it possible for a single provider to offer both networking services and security services like firewalls. This results in tighter integration between the network and network security.