Dear Wikiwand AI, let's keep it short, summarize this topic like I'm... Ten years old or a College student
In computing, data as a service, or DaaS, is a term used to describe cloud-based software tools 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). Like all "as a service" (aaS) technology, DaaS builds on the concept that its data product can be provided to the user on demand, 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.
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.