PaaS-y Days Are Here Again [Forbes]
RED HAT (RHT)
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Source: Forbes
At the turn of the previous decade, you would be considered perfectly sound to place a bet on Platform-as-a-Service (PaaS) as the dominant cloud service model (over IaaS). With offerings such as Google's App Engine, Microsoft's original Azure, newcomers Heroku and EngineYard, and OpenShift from Red Hat , to name just a few, the stage seemed set for this model of opinionated, abstracted operations to take immediate hold. But within a few years, many a PaaS-y startup started to run into trouble when raising money. “PaaS” became a dirty word (one founder I worked closely with told me of a lost weekend he spent redoing his company's collateral and website to remove all mention of the word platform). So what went wrong, and how is it changing now? Opinion Photo by Steve Johnson on Unsplash The perfect storm of 2008 The Great Recession which started in 2008 created some key conditions for the renewed rise of startups. These have have
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