Data as a service (DaaS) is a cloud-based software tool used for working with data, such as managing data in a data warehouse or analyzing data with business intelligence. It is enabled by software as a service (SaaS).[1] Like all "as a service" (aaS) technology, DaaS builds on the concept that its data product can be provided to the user on demand,[2] regardless of geographic or organizational separation between provider and consumer. Service-oriented architecture (SOA) and the widespread use of APIs have rendered the platform on which the data resides as irrelevant.[3]
Data as a service as a business model is a concept when two or more organizations buy, sell, or trade machine-readable data in exchange for something of value.[4]
Unfortunately, the business world has given this baby a jargony name: data as a service, or its diminutive, DaaS.