By Ralph Tkatchuk | Dataconomy | November 21, 2019
The era of everything-as-a-service (XaaS) has provided both an opportunity and a challenge for companies across industries. The XaaS model, a subscription-based solution that makes cloud-based applications available on demand unlike the traditional license-based platforms of the past, delivers several noteworthy advantages over its predecessors. Between cost reductions and easier access to vital tools, XaaS is here to stay. For many, this also means the death of IT as we know it.
On the other hand, XaaS is accompanied by a new set of difficulties to replace older ones. For one, the sheer number of available applications means companies can find themselves overspending and becoming over-reliant on applications. Additionally, the ease with which they can be installed and add new users can create serious problems when attempting to manage large corporate ecosystems.