Big Data as a Service (BDaaS) is a cloud-based service that provides companies with the ability to analyze and process large amounts of data in real time. BDaaS platforms offer companies access to the resources and infrastructure needed to manage, store, process, and analyze big data without having to invest in expensive hardware and software.
BDaaS is related to SaaS as a cloud-based service that operates on a subscription model. Like other SaaS offerings, BDaaS platforms are accessible over the internet and do not require companies to install or manage software locally. Instead, customers access BDaaS through a web browser or an API and pay for usage on a monthly or annual basis.
The primary benefit of BDaaS for companies is that it allows them to analyze and derive insights from large amounts of data without having to invest in expensive infrastructure or hire specialized data scientists. This makes it an attractive option for small and medium-sized businesses (SMBs) that do not have the resources to build and manage their own big data infrastructure.
BDaaS providers offer a range of services, including data ingestion, data storage, data processing, analytics, and machine learning. Some BDaaS platforms also offer pre-built algorithms and models that companies can use to quickly derive insights from their data.
