Wall Street firms and other enterprises with a desire to stay ahead of the curve should start looking at platform-as-a-service offerings, according to Yefim Natis, a vice president at Gartner Research.

Platform-as-a-service is basically a cloud platform for developing applications. PaaS technology provides on-demand, flexible software building blocks that include application containers, application development tools, integration brokers, and other services, according to Gartner.

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