Data as a Service ( DaaS): Newest in Cloud Computing service range

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One of the newest approaches to IT is Data-as-a-Service (or DaaS), which refers to the delivery of on-demand Virtual Data Centers (VDC) delivered across a private network rather than the public internet. Typically, these are offered on a per-unit basis – be it per CPU or per 1Gb of storage – and can be dynamically provisioned.


There are many reasons for enterprises to adopt  this model but the primary one is that it allows them to ‘own’ infrastructure on an OPEX basis, thus avoiding large upfront costs. This way enterprises have the ability to scale resources elastically up and down and only pay for them when they are needed. This model is perfect for resource-intensive and fast-changing computing environments, such as financial services. For complete story see here