Anything as a service (XaaS) includes a wide variety of products, tools and technologies that vendors now deliver to clients over a network through a monthly subscription model. Business owners can pay a monthly fee to a managed service provider to ensure they have solutions that are running at peak performance. This model shifts several capital expenses to operational expenses for your business.
There are numerous examples of XaaS and it seems the list is continuously growing. The most common include: Software as a Service (SaaS), Platform as a Service (PaaS), Device as a Service (DaaS), and Infrastructure as a Service (IaaS).
Software as a Service (SaaS) allows users to access cloud-based apps over the Internet at any time. This complete software solution allows organizations to pay-as-you-go from a cloud service provider. Businesses can rent the use of an application for their organization and have their users connect to it over the Internet.
SaaS allows you to access an application quickly at minimal upfront cost to your organization. Dynamic Quest will host the underlying infrastructure, app software and app data within our internal data center and Microsoft Azure.
Platform as a Service (PaaS) is a cloud-computing service that provides a platform for users to develop, test, run and manage their applications without investing in infrastructure associated with developing and maintaining an app. This deployment environment in the cloud enables you to deliver both simple cloud-based applications and sophisticated enterprise applications.
Hardware as a Service (HaaS) model is like leasing, in which the hardware belongs to Dynamic Quest and is installed at the customer’s site. With an agreed upon service level agreement (SLA) set in place, all responsibilities of both parties are fully detailed. Should a piece of hardware break or become outdated, Dynamic Quest will replace or remediate the issue to ensure all hardware is functioning properly.
Infrastructure as a Service (IaaS) is a model that can provide hardware, storage, servers and data center space or network components, and occasionally software. Under this model, organizations can avoid the expense of buying and managing their own physical servers and other complex data center infrastructure components. Infrastructure resources can be offered as a separate service component, which enables you to pay for resources as you need.
Cost Savings. In the as-a-service model, organizations can cut costs and simplify IT tech investments. Incorporating additional cloud services to your tech environment allows organizations to shed pieces of their physical in-house IT infrastructure.
The reduction of equipment leads to fewer servers, hard drives, network switches, software deployments and more. Using a managed service provider’s equipment rather than investing in on-premise equipment turns a capital expense (Capex) to an operational expense (Opex) for your business.
Less on-premise IT. With less IT equipment comes less physical overhead including equipment space, power and cooling. This also means your internal staff will be able to spend less time putting out fires and more time on value-added projects for your business.
Investment in High-Quality Products. Have peace of mind knowing your service provider will manage all of the necessary software updates and upgrades. Utilizing the as-a-service model ensures your hardware is continuously up and running, and is always utilizing the latest in technology.
Security. Security is top-of-mind to business owners. An XaaS provider removes owners from worrying about PCI and data stored on internal devices. You will no longer have to worry about having the latest software updated on your devices or the most recent hardware encryption technology.
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”
