Page 44 - Banking Finance March 2023

ARTICLE

environment, where an organization can run and scale components built into the platform, such as workflow,
its traditional (legacy) or cloud-native workloads on the directory services, security features, search and so on.
most appropriate computing model. The right PaaS
solution allows developers to build once, then deploy Add development capabilities without adding staff. Platform
and manage anywhere ina hybrid cloud environment. as a Service components can give your development team
new capabilities without your needing to add staff having
Purpose-built PaaS types the required skills.
Many cloud, software and hardware vendors offer PaaS
Develop for multiple platforms-including mobile-more easily.
solutions for building specific types of applications, or
Some service providers give you development options for
applications that interacting with specific types of
multiple platforms, such as computers, mobile devices and
hardware, software or devices.
browsers making cross-platform apps quicker and easier to
AIPaaS (PaaS for Artificial Intelligence) lets
develop.
development teams build artificial intelligence (AI)
applications without the often-prohibitive expense of
Use sophisticated tools affordably. A pay-as-you-go model
purchasing, managing and maintaining the significant
makes it possible for individuals or organisations to use
computing power, storage capabilities and networking
sophisticated development software and business
capacity these applications require. AIPaaS typically
intelligence and analytics tools that they could not afford
includes pre-trained machine learning and deep learning
to purchase outright.
models' developers can use as-is or customize, and
ready-made APIs for integrating specific AI capabilities,
Support geographically distributed development teams.
such as speech recognition or speech-to-text conversion,
Because the development environment is accessed over the
into existing or new applications.
Internet, development teams can work together on projects
iPaaS (integration platform as a service) is a cloud-
even when team members are in remote locations.
hosted solution for integrating applications. iPaaS
provides organizations a standardized way to connect
Efficiently manage the application lifecycle. PaaS provides
data, processes, and services across public cloud, all of the capabilities that you need to support the complete
private cloud and on-premises environments without
web application lifecycle: building, testing, deploying,
having to purchase, install and manage their own
managing and updating within the same integrated
backend integration hardware, middleware and
environment.
software. (Note that Paas solutions often include some
degree of integration capability-API management, for
Imagine it, PaaS will build it. This term is absolutely true
example-but iPaaS is more comprehensive.)
about present PaaS technology. The next generation of PaaS
cPaaS (communications platform as a service) is a PaaS will be achieving the real promise of object-oriented
that lets developers easily add voice (inbound and development and 4GLs. Rapid development with less cost
outbound calls), video (including teleconferencing) and and work is now becoming reality. PaaS transformed
messaging (text and social media) capabilities to traditional application development approaches. Now
applications, without investing in specialized development is bit faster, flexible and cheaper. This happens
communications hardware and software. due to the elimination in most of infrastructure related
tasks.
mPaaS (mobile platform as a service) is a PaaS that
simplifies application development for mobile devices.
In the coming future, PaaS technology provider will grab the
mPaaS typically provides low-code (even simple drag-
major market share, which will offer more language support,
and-drop) methods for accessing device-specific features
automated development management tools, non-platform-
including the phone's camera, microphone, motion
lock-in development environment, security, quality of
sensor and geolocation (or GPS) capabilities.
services and the most important low-cost services. New
generation of PaaS application development is technology
Advantages of PaaS with more ease, abstraction and low resource consumption.
Cut coding time. PaaS development tools can cut the time Though, few security issues are still there but the future of
it takes to code new apps with pre-coded application PaaS is much aligned with supported technology.

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