Meta: When you access the about section of web applications, you can see that it introduces that it is IaaS, PaaS, SaaS, or BaaS. So what are they?
Growth projections have become a good trend for the cloud industry. But to realize the practical effects of such growth on your business is not easy, this article will eliminate that confusion to help you understand what cloud computing is and how to put it into practice.
Cloud computing is growing more and more
A recent financial report by Gartner predicts that global revenue for all cloud computing applications will increase from US $ 209.2 billion in 2016 to US $ 246.8 billion in 2017, up nearly 18%. Among them, cloud infrastructure services, or infrastructure as a service (IaaS), will grow the most. Cloud application services, commonly known as software as a service (SaaS), will also increase, although they may not grow as much as IaaS.
Although it is easy to predict that these growth predictions will become a good trend for cloud computing, it may not be easy to realize the practical effects of this increase in your business.
The basics of cloud computing
Just like the Internet gives users access to millions of pages and resources they don’t need to own, cloud computing gives users access to software, platforms, and secondary infrastructure which they often cannot support internally.
While there are many good things cloud computing can bring to a company, but it is difficult to navigate, especially when IT professionals begin to talk about abbreviations like SaaS, PaaS, and IaaS.
However, once you grasp the basics, it will be easier to understand the different services. For example, IaaS solutions give businesses the most control while minimizing storage and network management problems.
What are SaaS, PaaS and IaaS?
When you access the about section of web applications, you can see that it introduces that it is IaaS, PaaS, SaaS, or BaaS. For those who plan to develop a web application, understanding these concepts can help them choose the model to develop.
IaaS (software as a service) solutions provide scalable storage and infrastructure
IaaS, also known as infrastructure as a service, provides virtual space, storage, and resources through a server like Frontier Business. This type of cloud computing is on the rise due to the explosion of artificial intelligence, business intelligence (BI), Internet of Things (IoT), and cloud-based products – all require large amounts of storage space and computing power.
IaaS can provide space and strength, helping create infinite scalability. With these types of cloud-based applications, businesses can easily upgrade their infrastructure up or down to meet demand at an effective price. The infrastructure comes as a service, which means you can increase or decrease the capacity of the infrastructure if you want, without building internal servers for storage and support.
PaaS solutions provide high-tech development tools
PaaS solutions can bring a lot of value to companies in need of software development. Thanks to using it, businesses receive a platform that can be used to achieve several goals. Some companies use that platform, integrating existing functionality with existing products, solutions, or services. Besides, some other companies build on the PaaS platform to create new products or add value to existing products.
Businesses pay for PaaS solutions, usually on a subscription basis, and get access to the platform through the internet. Many business owners prefer PaaS applications because they can cut research and development costs and bring products to market faster. Those perks are part of why PaaS solutions have experienced phenomenal growth over the past few years.
SaaS solutions provide flexible software access
Many business owners are familiar with SaaS solutions – once they understand what they are. SaaS refers to most cloud-based software that can be used on computers or some other devices. As such, these solutions are heavily used in homes and businesses around the world. For example, many people use SaaS tools like Evernote and Google Docs every day to store notes.
In business, SaaS applications are often appealing to three specific areas including human resources, customer service, and finance. For example, human capital management (HCM) allows businesses to hire employees, train, and develop better. On the other hand, customer relationship management (CRM) tools have been used for a long time. It supports improved customer communication, improved service, and a better experience. Financial applications are another growing segment of SaaS, which is important when considering the increase in BI analysis and promoting operational efficiency.
All in all, when used correctly, cloud applications can help you improve products and services, meet customer needs, and even reduce operating costs.