AVANT | State of Disruption | 17 IaaS Growth by Vertical 100% 75% 53% 50% 50% 49% IaaS 42% 41% 40% 34% 36% 32% 30% 32% 29% 27% 26% 25% 25% 22% Infrastructure-as-a-service (IaaS) is a 19% 17% cloud-based capability that delivers virtualized computing online. 0% on g al al ch al ng il r i in c g ta ct lt i Te Le uri e ru u nanci Med t R Othe igh ac st Fi H f Con Cons Manu 2018 - 2019 (actual) 2019 - 2021 (projected) Figure 8.1 Like many cloud-based services, IaaS can scale up or scale down based on the current business requirements, with billing on a pay-as- IaaS Growth by Company Revenue you-go basis. IaaS, which is managed by a cloud service provider, can 100% reduce costs and complexity associated with a legacy data center. However, selection, installation, configuration, and management of 75% software, including operating systems and middleware, remain the responsibility of the customer. 50% IaaS technology is in the midst of substantial growth, 39% 40% 40% 40% 36% based on feedback from our survey respondents. 32% 32% 29% 28% 28% 25% 25% 22% 0% 10m m 00m 500m b $1b+ m - $ $1 - $ 01m - $1 $1 $11m - $50 $51m - $101m $5 2018 - 2019 (actual) 2019 - 2021 (projected) Figure 8.2