In the modern world, everything seems to be offered “as a service.” But what does that mean and how can you hire to take advantage of this trend? Will you have to pay an arm and a leg to compete in the “as a service” economy?
Today’s article, part one of two, explores your options and solutions to stay ahead of hiring in 2018 and beyond, for all your tech needs.
But First, Let’s Talk About XaaS
You’ve run across SaaS (Software-as-a-Service) and IaaS (Infrastructure-as-a-Service) at this point, so XaaS will be easy to understand. The X is like a fill-in-the-blank; XaaS simply refers to “anything as a service.”
XaaS is the increasing trend in which vendors deliver tools, technologies or products over the Internet rather than on-site, which offers your company cost savings because you pay for a subscription to a full-featured solution, instead of having to pay for the full solution upfront.
Not sure what that means? We’ve got you covered.
If you’ve heard of SaaS but you’re not quite sure what it is, consider a popular SaaS service: QuickBooks Online (a cloud-based invoicing software).
In the past, your company would have to purchase a separate $300+ disc and license for each computer you wanted to use QuickBooks on, which added up fast. If you ended up not liking QuickBooks or switching to a different program… well, you were still out those hundreds of dollars.
Today, QuickBooks Online is delivered via Software-as-a-Service (SaaS), which means you can get the whole program for a low monthly fee and no upfront investment. Because the software is available on the cloud, multiple end users can access the program using any device. If it costs, say, $25 a month to access the software, you may achieve your ROI within as little as one month.
It sounds like we’re trying to sell QuickBooks here, which is not the case, but you get the point: XaaS delivers solutions over the Internet at a price that lowers your initial investment risk and increases your agility.
Other XaaS solutions include:
- IaaS – Infrastructure-as-a-Service, in which you store your data, workloads and applications on virtual (cloud) servers, instead of having to buy, store and maintain server equipment in-house
- PaaS – Platform-as-a-Service, made for developers, in which a development platform (or platforms) are pre-configured and loaded for you so that your developers can create and test their solutions faster
- DBaaS – Database-as-a-Service, which stores your database on the cloud
- MaaS – Malware-as-a-Service, which provides an online directory of known malware applications so development and security teams can protect against them with confidence
- DRaaS – Disaster-Recovery-as-a-Service, also known as “business continuity,” which provides an online image backup of your network for a fast recovery from cyberattacks, natural disasters or plain and simple downtime
- … and a lot more
The flexibility and relatively low cost of XaaS powers digital transformation for companies of all sizes because it makes it easy to try out new tech until you find the right solution for your needs. This is probably why Forrester’s cloud predictions for 2018 include the expectation that 50% of global enterprises will rely on at least one public cloud platform in 2018.
XaaS is the wave of the business future, for sure, but we caution you not to try just any “as a service” solution simply because it’s affordable. Choose your solutions carefully and pay attention to details about downtime guarantees, data ownership, licensing costs and compliance.
In fact, hiring smart will be your key to choosing and managing your XaaS the right way.
Hiring to Take Advantage of the “As a Service” Landscape
Unfortunately, the only thing that isn’t offered “as a service” these days is hiring. Finding the right people to drive your company forward is all on you, the hiring manager.
And your job won’t be easy. As recent hiring trends have shown, time-saving resume parsing software is less effective with a low unemployment rate, and right now the unemployment is at 4.1%, an all-time low since 2000.
Not only do vacancies constrain your growth as a company, long-empty positions can lead to low morale among remaining staff members, costly overtime and burnout that drains you of your talent pool.
It’s a Catch-22: How can you fill un-fillable vacancies at your company so you can avoid creating more vacancies?
In essence you have two options: use your ABCs to hire great tech people or get someone else to do the heavy lifting for you.
In our next blog post, we’ll discuss both of these options in detail, but if you’re looking for help right now to secure the tech skills you need, ISG can help.
For nearly 30 years, national tech recruitment firm ISG has helped Fortune 500 companies source the best talent from across the globe, ensuring both the perfect skills match and the perfect culture match for your organization. By this point, we’ve successfully engaged more than 2,000 projects, and we look forward to thousands more.
Hiring in today’s tight talent landscape can be a difficult, months-long process filled with frustration if you do it yourself… or it can be as easy as asking for help and getting it.
Contact ISG to learn how we can make your job easier.