Data as a Service (DaaS) is a cloud computing model in which data is provided as a service over the internet. DaaS providers typically offer data sets that are commonly used by businesses, such as customer data, financial data, or market data. businesses can access this data through an API or a web-based interface. DaaS can be used to supplement an organization’s internal data or to replace it entirely. For example, a company might use DaaS to supplement its customer data with data from a DaaS provider. This would give the company access to more data than it could collect on its own, and it would also allow the company to focus its resources on other areas.
Some of the emerging trends in Data as a Service include the use of machine learning for data analysis, the use of big data for predictive analytics, and the use of data visualization for data exploration.