With a compound annual growth rate over 18%, the global market for Platform as a Service (PaaS) is projected to reach $7.5 billion by 2020. It’s a growing, lucrative market that benefits service providers, VARs, and telecoms as they continue their digital transformation.
With a compound annual growth rate over 18%, the global market for Platform as a Service (PaaS) is projected to reach $7.5 billion by 2020. It’s a growing, lucrative market that benefits service providers, VARs, and telecoms as they continue their digital transformation.
Defining PaaS
PaaS is a category of cloud computing that provides a comprehensive computing environment, including the hardware, operating system, database, and other necessary software for the execution of applications. It may include a complete development environment as well.
PaaS allows a customer to rent virtualized servers and associated services used to run their existing applications, or to design, develop, test, deploy, and host new applications, paying only for what they consume.
Benefits of PaaS
Innovate faster while saving money
Simplify, automate, and avoid the costly steps of setting up the foundation for your application
Build, deploy, iterate, adapt and manage your application more rapidly over time
Reduce the cost of server storage and overhead, network bandwidth, maintenance, and support personnel for end-users
Simplify operations and management
Minimize the operational complexity by leveraging cloud-based platforms to automate and consolidate processes with easy integration using APIs
Provide a more uniform and predictable OS/middleware environment by having service providers automate and control it
Streamline application management, while maintaining complete application control and eliminating underlying infrastructure duties
Boost technology and offerings
Get the latest technology with faster page loads and better uptime, combined with an enhanced user interface and experience
Offer a wide range of applications and build unique solutions by tapping into the many niche market options offered by PaaS service providers
Simplify and enhance the end-user experience by allowing them to seamlessly share data between solutions
