Although it represents the public cloud market's smallest segment relative to SaaS and IaaS, PaaS is making impressive gains. In 2017, public cloud PaaS achieved a year-over-year growth rate of just over 50 percent, with revenue of over USD 8.5 billion and a 13.6 percent market share.1 CIO investment in platform-as-a-service (PaaS) is expected to increase from 32 percent in 2016 to 56 percent in 2019, making it the fastest-growing sector of cloud platforms.2
Enterprises are demanding a cost-effective way to develop, integrate, and deliver applications and services—and PaaS provides what they want. But as described in the eGuide, “Optimize Your Data Center for Tomorrow’s Workloads” this demand is accompanied by an expectation of modern technology. If your PaaS offering isn’t ready for the following workloads, you are at risk of missing some big growth opportunities.
Big Data, Artificial Intelligence (AI), and Advanced Analytics
As big data, AI, machine learning, deep learning, the Internet of Things (IoT) and business analytics continue to permeate every industry, PaaS providers need to invest in state-of-the-art compute, storage and network resources, along with advanced SDKs, libraries, and frameworks that can improve performance for database and business intelligence (BI) applications. As in-memory databases gain momentum, compute and storage performance becomes even more critical.
The days of low-bandwidth network and slow hard disk drives (HDDs) are over. Modern workloads that access terabytes or even petabytes of data—often in near real time—require high-performance memory and storage systems. Investing in the latest memory and storage technologies can help optimize performance, increase scalability and accelerate insights.
In 2019, data privacy and security of sensitive data are predicted to be top priorities for organizations of all types.3 The global average cost of a data breach is now estimated at USD 3.86 million, up 6.4 percent over the previous year4—meaning that data security is certain to be a deciding factor when customers choose between PaaS suppliers.
Innovation at both the software and hardware levels can help differentiate your PaaS offerings from your competition. Download the eGuide, “Optimize Your Data Center for Tomorrow’s Workloads” to discover how the new generation of Intel® Xeon® Scalable processor, Intel® Optane™ DC persistent memory, Intel® Optane™ DC Solid State Drives, and other innovations from Intel can propel your business into the future with improved performance, security, scalability, and cost efficiency.
Intel® technologies’ features and benefits depend on system configuration and may require enabled hardware, software or service activation. Performance varies depending on system configuration. No computer system can be absolutely secure. Check with your system manufacturer or retailer or learn more at intel.com.