The technologies are being advanced to a new extent every passing day. The data produced are also growing by the day, which increases the companies’ need to have a technology that can provide numerous facilities. Cloud computing provides many services such as analytics, database, and computing power. This provides many storage facilities over the internet. These are less costly, and the maintenance associated are low as well. The software, hardware, and configurations inserted are managed easily.
This has a colossal evolution providing services that originate from Software-as-a-service to Platform as a service and Infrastructure as a service. The adaptability of the services of the cloud results in the emergence of the Xmas model. The general classification of services is offered by the cloud remotely. The companies can now install applications in the cloud for data storage, communications, backend, etc.
Benefits of Xmas:
- A low-cost infrastructure is provided for the development of a new product. Enterprises do not need to spend millions of dollars on computing resources, licenses, and infrastructures. This provides the facility of giving drastic changes in their service models whenever needed. Another major goal of this is that it converts one-time buyer into a subscriber of the service provided. As the user uses the application he needs and pays only for that one service, he/she gets satisfied and more likely tends to continue the process.
- The model has turned to be very much convenient and cost-saving as well. Companies are thus moving their infrastructures and operations to the cloud which, marks the increase in the adaptation of the Xaas model. The companies that adapt to this model have found it more useful and have seen bigger transformations than earlier. XaaS is becoming more and more ubiquitous. The growth of the companies using this has been five times greater than other companies.
- Many industries have companies that have received the benefits of the XaaS model. Even during the pandemic, the value of flexibility has boosted, and the IT enterprises have thrived for the presence of the Cloud. Covid 19 has fuelled the transition from traditional IT to XaaS, and this transition shows no signs of slowing down. The elasticity of this model has helped the industries survive in the crisis. This has supported the companies by helping them create new solutions or businesses models for the new normal. As everything was being shut down and locked up, workers were asked to work remotely, making it hard for the companies to provide the employees with onsite services and applications. So the cloud model became a necessity at the time. This also helped the employees by providing them cloud-based tools for communicating and collaborating with other teams remotely sitting at homes.
- The model of XaaS also motivates the companies to focus on innovations. This frees up time and budget allocated for certain IT operations. The It team may no longer need to do in-depth study on technologies and instead concentrate on other aspects like improving cybersecurity.
In the healthcare industry, medical treatment is becoming data-determined and patient-centric. With Hospital Information Systems and Electronic Medical Records, healthcare manufacturing is accepting the Healthcare-as-a-Service model. This model creates chances for nearly all groups of people to obtain good medical treatment. These services comprise online consultation with doctors, lab sample groups from home, admittance to your medical records at any time, etc.
These services were essential and helpful with the beginning of the pandemic as it was dangerous to visit the hospital where you are more likely to contract the virus. When the sickness began, a healthcare system in Florida chose a mobile-enabled cloud-based health scheme that could grip virtual broadcast of employee’s health, in the least to connect doctors with patients and practically connect the patients with their family members.
Disadvantages of Xmas:
- There are some of the disadvantages as well that come up with the XaaS technology. Like all other operating models, Xmas has few drawbacks as well.
- Troubleshooting issues are encountered by the team and might get difficult to address. This can also need the provider’s help and can be a challenge depending on the quality of their technical support. Nevertheless, the company must keep employees having complete knowledge of the technology to handle any upcoming issues.
- Xmas users find it difficult to use the product when the provider server is down. Several factors can affect the XaaS uptime that ranges from internet connectivity to network maintenance. XaaS users share data with vendors, which possess third-party risks. Data sharing needs to be maintained properly as 60 percent of the total data is associated with third parties.
- Another slight drawback of this model is that employees need to learn about this. This might turn to be a little complex, and it becomes tedious to keep themselves updated with the new and everchanging technology.
What are some of the examples of Xmas?
Because XaaS stands for “anything as a service,” the list of instances is endless. Many kinds of IT resources or services are now transported this way. There are three groups of cloud computing models: software as a service, platform as a service, and Infrastructure as a service. Outside these groups, there are other examples such as disaster recovery as a service, communications as a service, network as a service, database as a service, storage as a service, desktop as a service, and monitoring as a service. Other emerging industry examples include marketing as a facility and healthcare as a service.
The increasing need of companies and trades to function a wide array of IT facilities at a sensible cost, the urge to shift all the processes to cloud founded Infrastructure, and rolling need for IT solutions like data center and network abilities like firewall and data security have given the desired boost to XaaS to flourish in this market. Covid pandemic quicker this process of adoption of XaaS in companies as the model helped them dipping costs and provided them with survive-and-thrive plans amid a grim economic air.
This model is only predictable to enlarge in the future due to the emerging technologies and the growth of the e-commerce market. It has been projected that supply chain management, automated inspection tasks, Artificial Intelligence, and the Internet of Things (IoT) are moving cloud-wards and will advance momentum shortly. Thus, firms unaware of this new technology need to begin assessing their XaaS options and applying them to stay in the competition.