TECH 101 Buzz Words: Everything as a Service (XaaS)
Basic Understanding
XaaS recognizes the vast number of products, tools and technologies that vendors now deliver to users as a service over a network -- typically the internet -- rather than provide locally or on-site within an enterprise. Prime examples of Xaas are Communication as a Service (CaaS) and Healthcare as a Service (HaaS). CaaS allows a business to access a variety of communication tools and applications as needed. HaaS allows for easier sharing of crucial information, online consultations, prescription deliveries, and other important services.
Why is it important?
XaaS allows businesses to cut costs by purchasing services from providers on a subscription basis and quickly adapt to changing market conditions with new apps or solutions. The benefits of XaaS help organizations transform digitally and become more agile.
