Platforms as a Service: Pros and Cons to Consider says Deltec Bank

Platforms as a Service: Pros and Cons to Consider says Deltec Bank

Deltec Bank, Bahamas
Deltec Bank says, “PaaS provides a helpful model that makes it easier to manage app development with its platforms and tools.”

Platforms as a Service, or PaaS, is a cloud-computing model. Third-party service providers deliver software or hardware tools to users over the Internet based on direct payments or a subscription-based model. The items are usually necessary for application development, but it is available for additional uses as needed.

The PaaS model makes it possible for users to develop and run new apps without needing to install in-house software or hardware. Since the provider hosts the tools using its own infrastructure, local costs stay affordable while the platforms providing the service can earn meaningful profits.

How PaaS Architecture Works

Platforms as a Service do not usually replace the entire IT infrastructure of a business. The goal is to provide critical features and tools that are necessary for development processes to take place instead. There might be Java development or application hosting delivered individually instead of the entire package.

Providers in this space build and supply optimized environments that allow users to install their data sets and applications. That structure will enable users to focus on the creation of apps or running them instead of constructing the initial infrastructure needed in the first place.

Most PaaS systems offer storage and computing structures, text editing, and version management. Some providers in this sector can give testing and compiling services that make it easier to deliver to the market at the appropriate speed. Collaboration options for development teams are also a possibility.

Benefits to Think About with PaaS

The primary benefit of using PaaS is its simplicity. Providers offer most of the services and infrastructure needed to begin a project. Then the users can access that asset from anywhere an actively connected web browser exists.

Companies also find that the per-use payment structures of PaaS systems are useful. It eliminates capital expenses from infrastructure installation and reduces overhead costs simultaneously. The financial agreement usually involves a flat monthly fee. 

Limitations to Consider with PaaS

Since Platforms as a Service rely on cloud infrastructures to deliver services, there must be a consistent online connection available to remain productive. If a service outage occurs on either end of the communication structure, then it can create adverse results for consumers.

Provider lock-ins are another concern often mentioned in the PaaS industry. If a company is unable to migrate the services they need from one product to another, then they are forced to continue using the same system instead of competing products.

Internal changes can be a worrying factor for some users since the customer has no control over the programming language or development tools provided. The impact of change in this area can be disruptive and challenging to overcome, especially if a long-term contract locks down the servicing agreement.

Deltec Bank says, “PaaS provides a helpful model that makes it easier to manage app development with its platforms and tools.” Most agencies in this industry offer similar services, but the unique nuances and limitations found with each product make it necessary for a careful evaluation of each option. Consider the pros and cons carefully, and then you can enjoy the benefits of this innovative option.

Disclaimer: The author of this text, Robin Trehan, has an undergraduate degree in Economics, Masters in international business and finance and MBA in electronic business. Trehan is Senior VP at Deltec International The views, thoughts, and opinions expressed in this text are solely the views of the author, and not necessarily reflecting the views of Deltec International Group, its subsidiaries and/or employees.

About Deltec Bank

Headquartered in The Bahamas, Deltec is an independent financial services group that delivers bespoke solutions to meet clients’ unique needs. The Deltec group of companies includes Deltec Bank & Trust Limited, Deltec Fund Services Limited, and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management.

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