paleshadows writes: Infrastructure-as-a-Service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) enable organizations to rent cloud resources required to perform specific tasks, thus reducing operational and support costs. According to researchers at the Technion — Israel Institute of Technology, the cloud market is about to give birth to a new and more efficient cloud platform. In a position paper presented at USENIX HotCloud '12 in Boston, researchers Orna Agmon Ben-Yehuda, Muli Ben-Yehuda, Assaf Schuster, and Dan Tsafrir postulate that IaaS is on the path to evolving into a more practical model, one that enables customers to purchase individual resources for a few seconds at a time. The researchers have dubbed this new cloud platform "resource-as-a-service" (RaaS). RaaS would enable businesses to have more control over what resources to allocate towards a virtual machine. "Renting a fixed combination of cloud resources cannot and does not reflect the interests of clients," states the paper.
No hardware designer should be allowed to produce any piece of hardware
until three software guys have signed off for it.
-- Andy Tanenbaum