Digital transformation has a way of changing not just technology, but the entire way we do business. Such is the case with the lightning-quick development of the As-a-Service (aaS) model
It seems like overnight, XaaS has changed how numerous industries are running — from sales to transportation, and everything in between. In the aaS rabbit hole, we’ve moved far beyond software and data delivery. It seems as if aaS is becoming a preferred method of moving through life.
So why all the fuss about the “Anything-as-a-Service” (XaaS) market? Why is it different than any other tech trend seeking to disrupt today’s business landscape? The reasons are numerous, and growing. In fact, the global XaaS market will grow at compounded annual growth rate of nearly 40% from 2016 to 2020, with services ranging from storage to pet-sitting to food delivery. As one executive noted, XaaS is becoming a mind-set as much as it is a strategy.
For as society that moves fast and likes to keep its options open for the next big thing, XaaS is the perfect solution.
So Why XaaS?
XaaS allows for the democratisation of infrastructure in almost every possible way. Anyone can choose the services they want, with little to no technical skills or knowledge. It’s changing entire business models, and opening tremendous opportunity for both large and small businesses alike.