A major difference between IaaS and PaaS is the amount of control over the system available to users of the services. IaaS provides total control, PaaS typically provides no control. This also means virtually zero administration costs for PaaS whereas IaaS has administration costs similar to a traditional computing infrastructure.
Reference: http://cloud-computing.learningtree.com/2010/08/25/comparing-paas-and-iaas/
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