Anything-as-a-Service, or XaaS, is a group of services that aims to get users engaged with cloud computing. Many IT professionals make use of XaaS because it incorporates various products and technologies that they can go on to offer as services.
If you own a business or work in IT, you might benefit from an understanding of XaaS. In this article, we go over the definition of XaaS and look at its common benefits. Read on to learn more.
What is XaaS?
XaaS is a collection of services that can be offered via cloud computing. There are other popular services that come through the cloud. These include Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS) and Integration Platform-as-a-Service (IPaaS).. Essentially, XaaS combines all these things into a single category.
The rise of XaaS happened as a result of various technological innovations. These enable users to group different services together. Along with the growing popularity of cloud technology in business, it culminated in the development of XaaS.
Many organisations that use XaaS provide digital B2B services. This can include things like managing servers, developing applications or providing software and integrations. These companies use XaaS to provide certain services for other companies that manage their IT processes. Without XaaS, all those services would have to be sourced from different locations. The result would be higher costs and lower efficiency.
What are the benefits of XaaS?
High-level Opportunities
XaaS can benefit companies by covering all of their fundamental IT operations. IT professionals can give more of their attention to higher-level projects that require their expertise. For example, let’s say a company’s IT professionals usually oversee data storage. By using XaaS to organise data, those IT employees could be assigned to more complex projects. They might work on developing new applications or creating infrastructure for communications. With more freedom, IT professionals can be more innovative in pursuing independent projects.
Improved Purchasing Options
One key benefit of XaaS is that it enables the purchasing of cloud computing services. In the past, customers would have to purchase individual products/services and install them manually. This would include investment in things like on-premise servers, software licences and cybersecurity tools. With XaaS, the need for this is removed.
Cost Effective
XaaS enables the purchasing of different levels of subscriptions to different services. These can be accessed and installed on devices from virtually any location. The advantage of this is that companies pay only for the products they need. Their payment plans can be adjusted alongside their changing needs. This means maximum flexibility, agility and scalability.
Scalable and Adaptable
XaaS can help with adapting to new market conditions wherever you operate. This is because XaaS delivers tools for quickly starting new tech projects like creating responses to threats. As XaaS is cloud-based, access to projects is swift and infrastructure can be scaled through automatic processes. This helps with making quick adjustments to shifting market demands and emerging technologies.
XaaS also enables responsive elasticity support and resource pooling. Businesses can add/remove services from their subscriptions easily.
Deeper Data Analysis
Data analysis is a common service from XaaS providers. Powerful cloud computing systems provide valuable insights into customers and operations. For example, XaaS can help a business learn what types of products its customers are looking for. It could even help identify their level of disposable income. This type of information can be used for decision-making that can bring about faster growth.
Increased Productivity
Using XaaS can lead to substantial productivity gains. This is because the services in XaaS streamline and automate tedious, time-consuming processes.
Additionally, XaaS services can enable people like IT professionals to work remotely. If they are away at a conference and an issue arises at head office, that employee could continue providing IT support from a distance. XaaS can enable employees to complete projects more quickly and more efficiently.
How To Get The Most Out of XaaS
Using XaaS in the most appropriate way can help get the best possible results from it. Here are some tips:
- Explore servitizations: this refers to bundles of services included in a single transaction. Explore different packages to find what works best for you.
- Determine the value of XaaS to your business: most companies can benefit from XaaS. But the exact level of help it will bring depends on many factors. Think about your budget for tech operations and consider what aspects of XaaS you could purchase to benefit your company.
- Reevaluate your business needs frequently: a growing business may need different things from XaaS at different times. For example, your cloud storage space needs might increase. To ensure you are always getting what you need, you should reevaluate regularly. As business needs change, think about options for changing your XaaS plan.
- Keep up-to-date with standards and regulations: regulations for companies and industries are crucial and your usage of XaaS must reflect that. Think about things like data privacy and consider how your XaaS subscription would impact that.
Conclusion
With more and more businesses moving their operations to the cloud, we can only expect Xaas to increase in popularity. Having all business operations in the cloud can be incredibly cost effective and offer real-world benefits like increased efficiency, and the ability to adapt and scale rapidly. Businesses who invest in digital transformation and in particular cloud-technology like XaaS are ultimately futureproofing their operations.
If you’re considering digital transformation in your business, you’ll no doubt find the following articles helpful;
- 6 Ways Digital Transformation Can Boost Your Business.
- Digital Transformation Trends in 2023.
- 10 Reasons to Embrace Cloud ERP.
- Cloud ERP vs On-Premise ERP Comparison.
- 15 Tips to Grow Your Business in 2023.
Why choose Eventura for your digital transformation journey?
Eventura have been helping businesses in their digital transformation journey for two decades. From the implementation of industry-leading ERP solutions such as Sage 200 and NetSuite, to helping them move their entire operations to the cloud and away from costly and restrictive on-premise solutions.
As well as being NetSuite Solution Providers, Sage 200 Partners and Microsoft Gold Partners, we also offer a wide range of managed IT services, meaning we can take your business as a whole and help it achieve digital transformation.
If you would like to speak to one of our experts, you can request a free call back here.
