Platform as a Service (PaaS) Market, By Type (Application PaaS, Integration PaaS, Database PaaS, and Others), By Deployment (Public Cloud, and Private Cloud), By End User (BFSI, IT and Telecommunication, Manufacturing, Healthcare and life sciences, Energy and utility, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI4181

Pages :135

Formats :

Excel and PDF

Industry : Information and Communication Technology

Key Developments

In February 2023, Route Mobile Ltd., a prominent international provider of Communication Platforms as a Service (CPaaS), unveiled a new suite of digital identity protection and security services called TruSense. This suite is designed to safeguard digital transactions while enabling organizations to accurately verify end users.
In February 2023, Microsoft Corporation, a leading global technology company, announced the launch of its next-generation hybrid cloud platform, "Azure Operator Nexus," specifically designed for communication service providers. The company believes that this modern network infrastructure will enable its telecommunications partners to enhance and monetize their existing infrastructure while lowering their total ownership costs.
In January 2021, Tanla Platforms Limited, a leading provider of communication solutions, collaborated with Microsoft to introduce Wisely, a Blockchain-enabled Communications Platform as a Service (cPaaS) designed for enterprises, mobile carriers, OTT players, marketers, and industry regulators to enhance their quality of service.
In September 2020, Oracle Corporation, a prominent cloud computing service provider, expanded its security portfolio by introducing new cloud services aimed at automatically safeguarding cloud workloads and data against cyber threats. The three new offerings—Oracle Data Safe, Oracle Cloud Guard, and Oracle Maximum Security Zones—deliver centralized security configuration and automate the enforcement of security practices.
In June 2020, Wipro Limited, a leading global information technology, consulting, and business process services company, partnered with IBM to expedite the transition to the cloud. As part of this collaboration, Wipro Limited will develop hybrid cloud offerings aimed at assisting businesses in migrating, managing, and transforming their operations.