The pandemic catalyzed digital transformation initiatives across all industries. Companies quickly learned that the only way to survive the market was to evolve — with technology playing the central role in that evolution. Per IBM, 96% of business leaders stated that the pandemic accelerated their digital transformation initiatives by five years.

Definition of PaaS Platform as a Service, otherwise known as PaaS, is a cloud computing service model in which a third-party provider delivers hardware and software tools (typically used in application development) to users over the internet.