To store , handle and analyze the enormous volume of digital data produced by organizations , consumers and the Internet of Things ( IoT ), a strong and scalable infrastructure is necessary .

Businesses can offload their data management requirements to cloud IaaS providers , who provide the necessary infrastructure , such as servers , storage , and networking resources , allowing them to focus on their core competencies .

The benefits of cloud computing , such as cost reduction , scalability , flexibility and improved collaboration , have , the report says , contributed to the growth of the Vietnam cloud-based IaaS market – a trend the report says is expected to continue in the coming years .

Vietnam is witnessing a rapid adoption of cloud technology – with its cloud-based IaaS market is one of the world ’ s fastest growing .

Cost-effectiveness is recognised by the report as crucial consideration for Vietnamese businesses – not only startups and SMBs but larger enterprises who are facing budget constraints and limited resources .

Traditional on-premises infrastructure requires substantial upfront investments in hardware , software

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