Advisory
SCOMM India
February 04, 2019

We understand the perils involved in establishing a startup. Being an entrepreneur and the largest startup community of Odisha, we back these “fighters” with our immense experience when they need it the most. All-round support involving incubation, mentorship sessions, market connect, etc can help these entrepreneurs & startups alleviate from “budding” to a “successful” stage.

Research from the The Global Risks Report by World Economic Forum
Aditya Ranjan Patro - LinkedIn
February 15, 2023

From the Global Risks Report by World Economic Forum !
If I look through the lens of #technology , I foresee the below challenges.

Cybersecurity: As we become more dependent on technology in all facets of our life, the threat of cyberattacks and data breaches is still a top priority. The attack surface for hackers and cybercriminals grows as the number of connected devices and systems rises, making it more crucial than ever to place a high priority on security and privacy.

AI ethics and bias: As AI usage increases, there are worries about its possible ethical and societal ramifications, such as the possibility that technology would reinforce or magnify current biases and inequities. The importance of ethical and open AI practices is becoming increasingly understood, as is the necessity of making sure that AI systems are created and used in a way that benefits all members of society.

Technology dependence: As a result of our growing reliance on technology, there are worries about how breakdowns or disruptions—like power outages or internet outages—might affect our daily lives. Planning for potential failures and disruptions requires taking into account the resilience and robustness of crucial systems and infrastructure.

Climate change and energy use: Data centers and technology require a lot of energy, which contributes significantly to global greenhouse gas emissions and climate change. It is becoming more and more important to concentrate on sustainability, energy efficiency, and clean, renewable energy sources in technology.

These are only a few of the numerous threats that technology poses to the world. It's critical to understand these hazards and take precautions to reduce them. #ai #sustainability #cybersecurity #security #climatechange #renewableenergy #ethics

India's innovation story
Aditya Ranjan Patro - LinkedIn
January 19, 2023

I happily discuss The Story Of The Unified Payment Interface whenever someone asks me about India's innovation story ( UPI ).

Here is the #upi, the cashless story

UPI (Unified Payment Interface) is a real-time payment system developed by the
National Payments Corporation of India (National Payments Corporation Of India (NPCI) to facilitate inter-bank transactions. The system was launched in August 2016 and has since seen tremendous growth in usage and adoption in India.

One of the key innovations of UPI is its use of a virtual payment address (VPA), which allows users to send and receive money using a unique identifier instead of having to share sensitive banking information such as account numbers or IFSC codes. This greatly simplifies the payment process and increases security.

Another innovation of UPI is its ability to facilitate transactions 24/7 and its instant confirmation feature, which eliminates the need for beneficiaries to wait for the funds to be credited to their account.

UPI also enables a wide range of transactions, including P2P, P2M, B2P, and B2B, through a single app, making it a one-stop shop for all digital payments.

UPI's success story is due to many factors but to mention a few, its interoperability, instant confirmation, and its ability to work across banks, merchants, and billers. With its increasing adoption, it is now being used for various use cases like mobile recharges, bill payments, and even buying gold.

Overall, the innovation of UPI has greatly improved the ease and convenience of digital payments in India and has played a significant role in the country's push towards a cashless economy.

Just look at the growth of UPI transactions since 2016.

• In 2017, UPI recorded around 140 million transactions with a value of approximately $3.5 billion.

• In 2018, the number of transactions increased to about 535 million with a value of around $11.5 billion.

• In 2019, UPI transactions reached 2.3 billion with a value of around $39 billion.

• In 2020, the number of UPI transactions reached an all-time high of 8.4 billion with a value of around $143 billion, due to the COVID-19 pandemic leading to an increased shift towards digital transactions.

• In 2021, the number of transactions reached a new high of 21.8 Billion.

It is worth noting that UPI transactions have seen a steady increase since its launch in 2016, with a significant increase in both the number of transactions and their value. This is due to the convenience and ease of use of UPI, as well as the government's push towards a cashless economy.

UPI became the most preferred mode of digital transactions in India, with more than 1 billion transactions in a month. The number of transactions through UPI has been growing consistently and has reached new heights, with the number of transactions in 2020 and 2021 surpassing previous years.

A Decade-Long Startup Weekend Odyssey: Navigating COVID Challenges and Igniting Innovation Globally!
LinkedIn
January 10, 2024

I am absolutely thrilled to reflect on my incredible journey with Startup Weekend, which began in 2011. What started as a spontaneous decision to join as a participant has evolved into a rich tapestry of experiences, from organising events to facilitating and eventually becoming a global facilitator. For me, a Startup Weekend is not just an event; it's a lifelong journey and a community that continues to inspire and shape my entrepreneurial spirit.

India @ 77: India's Ascension to Global Power!
Aditya Ranjan Patro - LinkedIn
August 15, 2023

India's economic progress has been nothing short of extraordinary. Its GDP has risen throughout the years to become the world's third-largest economy. A young and lively workforce, a growing middle class, and a quickly expanding internet infrastructure have all contributed to the country's precipitous rise. With the rise of varied industries such as information technology, pharmaceuticals, manufacturing, and agriculture, India's economic variety serves as a buffer against global instabilities.

Unleashing The Metaverse Revolution: The Transformative Impact of Generative AI
Aditya Ranjan Patro - LinkedIn
August 07, 2023

This article examines how the revolutionary potential of Generative AI could herald in a new era of Metaverse immersion, innovation, and connectivity. Let's explore the revolutionary potential of this inventive convergence. By the way, I've always been fascinated by the convergence of technologies, so I'll just share my opinion, which is not biased.

Aditya Ranjan Patro
July 22, 2023

This week on "Weekend Innovation Stories," we find out the secret story of a Hollywood beauty who was not just a pretty face but also a smart person. Hedy Lamarr was a star in Hollywood's "golden age," and her acts wowed people all over the world. But she had a secret hobby—inventing—that no one knew about.

ChatGPT: Revolutionizing Autopilot Systems For Self-Driving Cars!
Aditya Ranjan Patro
July 21, 2023

In the past few years, the technology behind self-driving cars has made huge leaps forward. These self-driving cars have high-tech sensors, cameras, and Machine Learning algorithms that help them find their way around roads and safely move people. But there is still room for improvement in how well these cars can make decisions. In this blog, we'll talk about how ChatGPT could change the way AV autopiloting systems work and make them better.

A storytelling narrative of the journey of Artificial Intelligence (AI)
LinkedIn
May 31, 2023

Ever since the birth of Chat GPT, a remarkable artificial intelligence model, I have embarked on a quest to weave a captivating narrative that tells the entire journey of Artificial Intelligence (AI). With each interaction, I delved deeper into the annals of history, unearthing tales that spanned decades and crossed technological frontiers.

AutoGPT: The Talk Of The Town - Are You Ready!
LinkedIn
April 13, 2023

The global tech ecosystem has experienced some ups and downs during the past few months. Well, it's not about the economic downturn and job losses. Yes, techies are worried about this, but the world is more concerned with ChatGPT, a generative AI with powerful capabilities. Are you not? and then: ChatGPT4, ChatGPT5, and presently AutoGPT. If you are ignoring it, you need to take these development seriously. In this post, I'm not trying to scare you; instead, I'm trying to inform you of the truth. I appreciate you reading my article. Thank you for your time.

Co-Existence of Humanity and Technology !
Linkedin
April 06, 2023

In today's world, technology has become an integral part of our lives. We rely on it to carry out everyday tasks such as communicating with others, shopping, and even learning. As technology continues to evolve, there has been growing concern about the impact it will have on humanity's co-existence with it. One of the most significant fears is that generative AI will kill jobs and leave many without a source of income. While these fears are not unfounded, it is important to recognize that technology has always been a part of our lives and will continue to be so. Generative AI is an artificial intelligence technique that involves using algorithms to generate new data that is similar to the data it has been trained on. The technology has the potential to revolutionize many industries, including healthcare and finance. Nonetheless, there is a concern that it will replace human workers and leave many unemployed. It is not a new fear. The job market has always been disrupted by technological advancements. Steam engines, for instance, replaced many manual laborers, and computers replaced many administrative roles. In spite of the fact that these technological advancements led to job losses, they also created new opportunities. In spite of the fear that AI technology will result in widespread job losses, it will also create new ones. Future high-demand roles include AI developers, data analysts, and machine learning engineers. Additionally, AI technology can be used to augment rather than replace human capabilities. For example, AI-powered chatbots can be used to provide customer service, freeing up human agents to focus on more complex tasks. Another fear that has been created regarding humanity's co-existence with technology is that it will erode our social skills and lead to isolation. While it is true that technology can make it easier to communicate with others without leaving the comfort of our homes, it can also bring people closer together. Social media, for example, has connected people from all around the world and allowed them to form communities based on shared interests. Furthermore, technology can be used to bridge the gap between individuals who might not otherwise have the opportunity to interact. Virtual reality, for example, can be used to bring people together in a way that would not be possible in the physical world. The co-existence of humanity and technology is not without its challenges. There are concerns about privacy, security, and the ethical implications of using AI technology. However, it is important to recognize that these challenges are not unique to AI technology. They exist in any technological advancement, from the printing press to the internet. The key to overcoming these challenges is to ensure that we use technology responsibly and ethically.

The Curious Case Of Supply Chain's Last Mile Delivery
Aditya Ranjan Patro - LinkedIn
February 15, 2023

In a supply chain, the last mile delivery refers to the stage of the delivery process where products are delivered from a transportation hub or distribution center to the doorstep of the ultimate customer. It is frequently the most complicated and expensive component of the supply chain, and it may greatly affect how satisfied customers are with a brand and how they perceive it in general. The world needs a very smooth Supply Chain Management.

My latest article "The Curious Case Of Supply Chain's Last Mile Delivery" depicts the details of the last-mile delivery and how new-technologies can accelerate the ecosystem.

Key factors of Digital Transformation
Aditya Ranjan Patro - LinkedIn
January 12, 2023

Sharing some key factors from my #digitaltransformation journey.

Digital transformation refers to the integration of digital technology into all areas of a business, resulting in fundamental changes to how the business operates and delivers value to customers. A successful digital transformation program requires careful planning and execution to ensure that it meets the specific needs and goals of the organization. Here are some key considerations for designing a successful digital transformation program:

Define the scope and objectives of the program: Clearly define the scope and objectives of the program, including what areas of the business will be impacted and what outcomes the program is intended to achieve. This will help to ensure that the program stays focused and aligned with the overall business strategy.

Engage stakeholders: Involve key stakeholders in the planning process to ensure that the program meets the needs of different departments and functions within the organization. This may include IT, HR, marketing, and other departments.

Identify and prioritize areas for transformation: Identify the specific areas of the business that will benefit most from digital transformation, and prioritize these areas based on their potential impact on the organization.

Develop a roadmap: Create a roadmap that outlines the steps required to achieve the objectives of the program. This may include identifying and implementing new technologies, processes, and organizational structures.

Allocate resources: Allocate the necessary resources, including budget, personnel, and technology, to support the program.

Implement and monitor: Execute the program according to the roadmap, and regularly monitor progress to ensure that the program is on track to meet its objectives.

Communicate and educate: Communicate the goals and progress of the program to all stakeholders, and provide training and support to ensure that employees can effectively use the new technologies and processes.

#technology #digitaltransformation #digital #strategy #hr #transformation #planning #business

AI Trust is need of the hour
Aditya Ranjan Patro - LinkedIn
January 06, 2023

The term "AI trust" describes the degree of assurance that people or organizations have regarding the dependability, safety, and moral conduct of artificial intelligence systems. It is crucial that people have confidence that these systems will function in a way that is advantageous and does not hurt them as AI grows more pervasive in many facets of society.

Lack of faith in AI can have a range of unfavorable effects, including consumers refusing to utilize products and services powered by AI or governments enacting stringent laws on the creation and usage of AI. This could impede AI's development and uptake and prevent it from being fully utilized to enhance people's lives.

Therefore, it is imperative that AI is developed and used in a trustworthy manner, which includes ensuring that it is reliable, safe, and operates ethically. This can be achieved through careful design and testing of AI systems, transparent communication about how they work, and the implementation of appropriate safeguards and oversight mechanisms !

Here are some of my thoughts.
What do you think? Please share your thoughts in comment section.

Web3 vs Metaverse vs NFT (In Non-Tech Lingo)
LinkedIn
September 14, 2022

The world is going through a sea change in terms of technology! People are talking about NFTs, Metaverse, and Web3.0, but to be fair, most people do not understand these terms, which are more tech in nature, or only could sci-fi nerds understand these langs. A few days back, I was chatting with some of my friends who are into other domains, and they asked what all these Metaverses, NFTs, and Web3.0 are. Few, even, could not be able to utter the words. Then, I thought perhaps this was the time to share my thoughts in a non-tech way. To increase the adoption rate of these latest technologies, we must also focus on the lingo/terms we generally use. My article is focused on this. I have tried my best to use very natural terms so that more and more people can understand about NFTs, Metaverse, and Web3.0.

Smart Factories : Time to make Manufacturing smarter & Agile!
Import from medium.com
December 02, 2021

Smart Factories : Time to make Manufacturing smarter & Agile!Source: FreepikManufacturing is directly proportional to a country’s economic growth, and it’s crucial.The link between Manufacturing and economic growth is critical. Every dollar spent in Manufacturing adds to the economy; this

DeepTech & Corporate Innovation: The Rise Of Digital Transformation
Import from medium.com
July 22, 2021

DeepTech has evolved over recent years, and there has been a substantial impact across sectors through these deep emerging technologies. Therefore, it would not be wrong to say that Deep Tech has been sacrosanct for the companies in their innovation journey.DeepTech, which is majorly comprised of ar

Demystifying XaaS (Anything As a Service) !
Import from medium.com
April 08, 2021

Demystifying XaaS (Anything As a Service) !Over the last several years, the technology industry has seen a paradigm shift toward the adoption of flexible consumption business models.What is Flexible consumption models (FCMs)FCM, also known as “as-a-Service” or XaaS models, offer customers pro

Health & The Reign Of Technology!
Import from medium.com
December 22, 2020

Today as I pen down this article, The world is going through perhaps the deadliest pandemic of the 20th century. Who would have thought it that the entire earth would come to a standstill in a span of a few months?That said, this kind of challenge does not show up by notifying you. Your healthcare

T-Hub and HT Media ( Hindustan Times )’s MediaTech Arcade Program to focus on Rapid Scaling of…
Import from medium.com
November 02, 2020

T-Hub and HT Media ( Hindustan Times )’s MediaTech Arcade Program to focus on Rapid Scaling of Startups !Perhaps this decade has seen the most technology intervention so far. Technology has become part of our daily lives, starting from smartphones, smart homes, smart appliances, Smart Manufacturi

T-Hub and HT Media's Arcade Program To Help Startups in their growth Through Rapid Scaling Up Process !
LinkedIn
October 31, 2020

Perhaps this decade has seen the most technology intervention so far. Technology has become part of our daily lives, starting from smartphones, smart homes, smart appliances, Smart Manufacturing, and what not? Emerging technologies such as Artificial Intelligence is making everything smarter.

The SE7EN Wonders Of Deep Tech
LinkedIn
July 30, 2020

DeepTech has evolved over recent years, and there has been substantial impact across sectors through these deep emerging technologies. It would not be wrong to say that Deep Tech has been sacrosanct for the companies in their innovation journey.

The Rise of Healthtech in the Innovation Ecosystem!
LinkedIn
June 05, 2020

Today as I pen down this article, The world is going through perhaps the deadliest pandemic of the 20th century. Who would have thought that the entire earth would come to a standstill in a span of a few months?

Mother: Nature’s Architect!
LinkedIn
May 10, 2020

From the day a baby takes shape in the mother’s womb until the day of birth nature takes care of both the mother and the baby in every phase. The process which is the moment of exhilaration for the mother as well as for the baby, starting from the way they interact and communicates with each other & how she takes care of her baby without touching even & moreover every species on this earth has this fantastic creation.

T-Hub’s United Technologies Innovation Challenge in the Smart Aerospace Sector for Machine Vision…
Import from medium.com
October 31, 2019

T-Hub Presents United Technologies Innovation Challenge !T-Hub’s United Technologies Innovation Challenge — Smart Aerospace — Machine Vision & Predictive Analytics !Yes, it is true that artificial intelligence helps machines to “see”. This blog simplifies the primary differen

T-Hub's United Technologies Innovation Challenge - Smart Aerospace - Machine Vision & Predictive Analytics !
LinkedIn
October 28, 2019

When computer vision started to take shape as a field in the 1960s, its aim was to try and mimic human vision systems and ask computers to tell us what they see, automating the process of image analysis. This kind of technology is the precursor to artificially intelligent image recognition. Before, any kind of image analysis had to be done manually, from x-rays to MRIs to hi-res space photography.

The Best Is About To Begin — With “You”​ !!!
Import from medium.com
March 28, 2019

The Best Is About To Begin — With “You”​ !!!“You,” Errr, please do not take it as an offense. It is perhaps the word which makes people bewildering, but most people don’t or failed to realize the real potential of the word?The next few minutes of your reading either would make yo

The Best Is About To Begin - With "You"​ !!
LinkedIn
March 28, 2019

"You," Errr, please do not take it as an offense. It is perhaps the word which makes people bewildering, but most people don't or failed to realize the real potential of the word?

Enough! Let AI Settle Down
Innovation Odyssey
December 20, 2023

AI, or artificial intelligence, refers to the development of computer systems that can perform tasks requiring human intelligence—learning, problem-solving, decision-making, and understanding natural language. It aims to create machines mirroring human cognitive abilities.

CES 2023 No 4 Influencer
KCore Analytics
January 31, 2022

I was ranked no 4 globally in #CES2023 by KCore Analytics

#ARPQuote
Aditya Ranjan Patro
July 24, 2023

Entrepreneurs are rare. Very few people have the resilience to persevere in the face of rejection, fear, and crisis

#ARPQuote
Aditya Ranjan Patro
February 12, 2023

Don't be drenched in procrastination; remember it’s perseverance.

#ARPQuote
Aditya Ranjan Patro
February 11, 2023

Your Life's Greatest Innovation is to "Unlearn"

AI Training AI – The Future of Autonomous Machine Learning
Aditya Ranjan Patro
July 05, 2023

This white paper explores the concept of Artificial Intelligence (AI) training other AI models, a paradigm that represents a significant shift in machine learning. We delve into the technical aspects, benefits, and potential challenges of implementing this approach, as well as examples of successful AI training AI instances.

Convergence of Chat GPT and Autonomous Vehicles
Thinkers360
February 21, 2023

The natural language processing (NLP) model Chat GPT has the potential to transform the autonomous driving ecosystem in several ways.

Enhanced passenger communication: Chat GPT can offer a more conversational and natural interface for passengers to connect with the driverless car. The operation, condition, or itinerary of the vehicle can be questioned by passengers, and they will receive enlightening answers.

Increased safety: Chat GPT can help to increase safety by offering immediate support in crisis situations. For instance, Chat GPT can assist the car locate the closest hospital and give directions if a passenger needs medical attention.

Customized experiences: Chat GPT can assist the autonomous vehicle in giving passengers a more tailored ride.

Personalized experiences: Chat GPT can help the autonomous vehicle provide a more personalized experience for passengers. By learning passenger preferences, Chat GPT can adjust the vehicle's settings, such as temperature or music, to create a more comfortable and enjoyable ride.

Autonomous maintenance: Chat GPT can assist in the autonomous maintenance of the vehicle by providing alerts and notifications of issues and providing guidance for how to resolve them.

Overall, Chat GPT offers a natural and conversational interface for users to interact with, which has the potential to improve the user experience, safety, and maintenance of autonomous vehicles.

By assisting in the discovery of potential security risks and weaknesses and offering real-time support during emergency circumstances, Chat GPT can contribute to the safety of autonomous vehicles.

Threat detection: Chat GPT can help in identifying security risks including malware, unauthorized access, and cyberattacks. It can keep an eye on the network activity and behaviour of the car and provide notifications if it notices any unusual activity.

Management of vulnerabilities: Chat GPT can aid in managing the vehicle's vulnerabilities by spotting potential security holes and offering advice on how to fix them. For instance, it might alert the vehicle's

Real-time assistance: In the event of an emergency, Chat GPT can provide real-time assistance to passengers and first responders. For example, it can provide information on the vehicle's location, status, and potential hazards, as well as guide passengers and first responders through emergency procedures.

Continuous learning: Chat GPT can continuously learn and adapt to new security threats and vulnerabilities and provide ongoing assistance to ensure the vehicle's security remains up-to-date and effective.

Overall, Chat GPT can play a critical role in securing autonomous vehicles by providing real-time assistance, threat detection, vulnerability management, and continuous learning.

Demystifying XaaS (Anything As a Service) !
Thinkers360
February 20, 2023

Demystifying XaaS (Anything As a Service) !

Over the last several years, the technology industry has seen a paradigm shift toward the adoption of flexible consumption business models.

What is Flexible consumption models (FCMs)

FCM, also known as “as-a-Service” or XaaS models, offer customers product delivery and payment options that allow them to purchase access to products as a service. FCMs provide compelling benefits to companies that effectively deliver them to the market: They enable predictable, renewable revenue streams, deliver more excellent value to the end customer by allowing them to pay Only what they consume enables more profound insights into customer consumption patterns to help inform add-on sales and lower operational costs by enabling a company to serve customers at scale through a common platform.

Lets talk about XaaS (As a Service) here

Before jumping into what it is lets try to understand what falls under XaaS.

You may have heard about SaaS, IaaS and PaaS. These are the three types of cloud computing. I would not be wrong if I say SaaS, IaaS & PaaS, the terminologies coined from cloud computing.

Cloud computing is becoming the norm, and many businesses are phasing out on-premise software altogether.

The Key Differences Between On-Premise, SaaS, PaaS, IaaS & their examples

Few years ago, all of a company’s IT systems were on-premise, and clouds were just white fluffy things in the sky.

Now, you will be amazed to know that you can utilize the Cloud platform for nearly all your systems and processes.

SaaS, PaaS, and IaaS are simply three ways to describe how you can use the Cloud for your business.

• IaaS: cloud-based services, pay-as-you-go for services such as storage, networking, and virtualization.

IaaS examples: AWS EC2, Rackspace, Google Compute Engine (GCE), Digital Ocean, Magento 1 Enterprise Edition

• PaaS: hardware and software tools available over the internet.

PaaS Examples: AWS Elastic Beanstalk, Heroku, Windows Azure (primarily used as PaaS), Force.com, OpenShift, Apache Stratos, Magento Commerce Cloud.

• SaaS: software that’s available via a third-party over the internet.

SaaS examples: BigCommerce, Google Apps, Salesforce, Dropbox, MailChimp, ZenDesk, DocuSign, Slack, Hubspot.

• On-premise: software that’s installed in the same building as your business.

Globally, the size of the SaaS market, which stood at $100 billion in 2019, is growing at 22.6 per cent CAGR, according to a recent NASSCOM report. Moreover, the report also states that the domestic market for SaaS India is likely to expand 6x to $13–15 billion by 2025.Covid-19 has truly accelerated the growth of SaaS startups and SaaS emerging as key growth driver.

Here’s a great visual breakdown of which I have designed and hopefully this simplifies the concept of SaaS, PaaS, and IaaS.

XaaS & Its Three Types of Cloud Computing Service Models - Explained

1. SaaS (Software as a Service).

SaaS platforms make software available to users over the internet, usually for a monthly subscription fee.

SaaS Delivery:

Over the internet.

SaaS Advantages:

- With SaaS, you don’t need to install and run software applications on your computer (or any computer).

- Everything is available over the internet when you log in to your account online.

- You can usually access the software from any device, anytime (as long as there is an internet connection).

- You no longer need to engage an IT specialist to download the software onto multiple computers throughout your office or worry about keeping the software on every computer up-to-date.

- It’s all taken care of in the Cloud.

- Another key advantage is the payment structure.

- Most SaaS providers operate a subscription model with a fixed, inclusive monthly account fee. It could be monthly and annual and few offers for six months. You know precisely how much the software will cost and budget accordingly, without worrying about hidden surprises.

- Most subscriptions include maintenance, compliance, and security services, which can be time-consuming and costly when using on-premise software.

SaaS providers also offer out of the box solution that are simple to set up (if you need a basic package), with more complex solutions for larger organizations.

You could have the essential software up and running within a matter of hours — and you’ll have access to customer service and support along the way.

SaaS Characteristics:

SaaS platforms are:

• Available over the internet.
• They are hosted on a remote server by a third-party provider.
• Scalable, with different tiers for small, medium, and enterprise-level businesses.
• Inclusive, offering security, compliance, and maintenance as part of the cost.

When to Use SaaS:

SaaS platforms are ideal for when you want an application to run smoothly and reliably with minimal input from you.

Take your email server, for example.

You want to know that you’ll continue sending and receiving emails without needing to fiddle with your email settings or worry about updates.

Imagine if your email server went under because you forgot to update it, and you went days without email? That’s simply not an option in today’s marketplace.

If you use a SaaS platform to run your email inbox, the chances of something going wrong are very small.

And if something did go wrong, it would be up to the SaaS provider to find a solution.

You’re not only paying for the SaaS applications/products: you’re paying for peace of mind.

SaaS Ecommerce Example:

BigCommerce is an example of a SaaS ecommerce platform.

BigCommerce provides complete shopping cart software and hosting infrastructure to the user, allowing businesses to create an online shop within minutes without worrying about coding, hosting, or software.

The BigCommerce platform also has regular updates that automatically roll out for users, and all the software licenses, upgrades, and hosting costs are covered in the monthly subscription fee.

2. IaaS (Infrastructure as a Service)

IaaS businesses offer services such as pay-as-you-go storage, networking, and virtualization.

IaaS gives users cloud-based alternatives to on-premise infrastructure, so businesses can avoid investing in expensive on-site resources.

IaaS Delivery:

Over the internet.

IaaS Advantages:

- Maintaining on-premise IT infrastructure is costly and labor-intensive.

- It often requires a significant initial investment in physical hardware. You will probably need to engage external IT contractors to maintain the hardware and keep everything working and up-to-date.

- With IaaS, you can buy what you need, as you need it, and purchase more as your business grows.

- IaaS solutions are highly flexible and highly scalable, and you can replace them whenever you need them without losing money on your initial investment.

- Another advantage of IaaS is it puts control over the infrastructure back in your hands.

- You no longer need to place faith in an external IT contractor; you can access and oversee IaaS platforms yourself if you wish (without being an IT whizz).

IaaS Characteristics:

IaaS platforms are:

• Highly flexible and highly scalable.
• Accessible by multiple users.
• Cost-effective.

When to Use IaaS:

IaaS is beneficial to businesses of all shapes and sizes. It allows complete control over your infrastructure and operates on a pay-as-you-use model, so it fits into most budgets.

As it becomes less common to invest in physical hardware and IT infrastructure, choosing IaaS alternatives is a safer, more reliable option.

With most IaaS platforms, you get access to ongoing support and have the option of scaling up your requirements at any time.

Utilizing IaaS is an excellent way to future-proof your business.

IaaS Non-Ecommerce Example:

An excellent example of IaaS is AWS EC2.

EC2 provides scalable infrastructure for companies who want to host cloud-based applications.

EC2 users do not own the physical servers; AWS provides virtual servers.

So users only pay for the servers’ usage, saving them the cost (and associated ongoing maintenance) of investing in physical hardware.

IaaS Ecommerce Example:

Magento 1 Enterprise Edition can be either on-premise or IaaS, depending on how the merchant chooses to host their store.

In case the merchant is paying Magento for the licensing of the software and then using a third-party vendor for the best web hosting such as Rackspace.

Merchants can pay for a hosting plan that meets their own needs without the cost of maintaining their physical servers.

The merchant is still responsible for installing and managing updates to their Magento software.

3. PaaS (Platform as a Service)

A PaaS vendor provides hardware and software tools over the internet, and people use them to develop applications. PaaS users tend to be developers.

PaaS Delivery:

Over the internet.

PaaS Advantages:

- PaaS is primarily used by developers who are building software or applications.

- A PaaS solution provides the platform for developers to create unique, customizable software.

- This means developers don’t need to start from scratch when creating applications, saving them a lot of time (and money) on writing extensive code.

- PaaS is a popular choice for businesses who want to create unique applications without spending a fortune or taking on responsibility.

- It’s kind of like the difference between hiring a venue to put on a show vs building a venue to put on a show.

- The venue stays the same, but what you create in that space is unique.

PaaS Characteristics:

PaaS platforms are:

Accessible by multiple users.

Scalable — you can choose from various tiers of resources to suit the size of your business.

Built on virtualization technology.

Easy to run without extensive system administration knowledge.

When to Use PaaS:

PaaS is often the most cost-effective and time-effective way for a developer to create a unique application.

PaaS allows the developer to focus on the creative side of app development instead of menial tasks such as managing software updates or security patches. All of their time and brainpower will go into creating, testing, and deploying the app.

PaaS Non-Ecommerce Example:

A good example of PaaS is AWS Elastic Beanstalk.

Amazon Web Services (AWS) offers over 100 cloud computing services such as EC2, RDS, and S3.

Most of these services can be used as IaaS, and most companies who use AWS will pick and choose the services they need. All you need to do is upload and maintain your application.

Executive Summary: Summing Up XaaS : SaaS vs IaaS vs PaaS

The increasing popularity of IaaS, PaaS, and SaaS is reducing the need for on-premise hosting.

Each of these Cloud computing server models give users a choice, flexibility, and options that on-premise hosting cannot provide.

Some cloud computing server models are more complicated than others.

The system administration knowledge level decreases as you go down the list in this order: On-premise > IaaS > PaaS > SaaS.

Here’s another visual breakdown from Hosting Advice, this time using Burger to breakdown each type:

In the year of 2019 I had organized Techstars Startup Weekend XaaS (Anything as a Service ) at Microsoft Garage and I still remember we got some phenomenal ideas and prototypes.

The mantra for the any corporates to succeed is to move to XaaS (Anything as a Service ) model, However there is a methodology needs to be followed during transitioning from traditional operating model to a services operating model:

There are five important steps in transitioning from a traditional operating model to a services operating model:

1. Establish a transformation office with executive sponsorship

2. Disaggregate the operating model into a set of services

3. Determine the level of standardization within each service

4. Operationalize each service

5. Establish service life cycle management

My next blog will comprise the detailing of above mentioned five steps and more. ( To be continued…)

Till then keep reading and keep writing