Anything as a Service (XaaS) refers to the variety of products and tools that can be purchased using an “as a service” consumption model. With this model, companies offload IT responsibility to the service provider. The service provider may own the assets, monitor them and manage them as part of a packaged deal.
The term became popular as companies shifted from purchase-based to software-based models and as the internet enabled the delivery of services from the cloud.
XaaS can include a variety of technology service models, including: