Competitivity: Businesses that use cloud computing are more agile than those that rely on IT resources to acquire and maintain them.
Collaboration is enhanced; Cloud computing allows individuals from all over the world to collaborate on business projects, without having to physically meet.
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Cloud computing is becoming the norm due to the many benefits it offers organizations. Cloud computing helps society deal with future challenges such as cyber-security, quality control, and managing large data. Cloud computing also offers services that allow for emerging technologies like Artificial Intelligence and distributed ledger technology.
These technologies are adaptable to different platforms, such as mobile devices, which increases their popularity. Cloud computing innovations such as the Industry cloud and cloud automation are being developed. These technologies will allow for cloud computing to be integrated into specific industrial activities, making various operations more efficient.
Cloud computing has been a transformative technology that has allowed organizations from different countries to deliver their products and/or services more efficiently than ever before.
Cloud computing can be described as a range of services that provide businesses with a cost-effective way to increase their IT capabilities and functionality.
Businesses can decide where, when, and how to use cloud computing depending on their needs. This will ensure a reliable and efficient IT solution.
We will be examining the various types of cloud computing and the services that can reside within them.
Cloud Deployment Models
There are three types of cloud environments, also called cloud deployment models. Businesses have the option to run their applications on private, hybrid, or public clouds depending on what they need.
An outsourced cloud provider owns a public cloud environment. It is available to businesses on a pay-per-use basis. This deployment model offers services and infrastructure for businesses that want to reduce IT operational costs. However, it is the cloud provider who creates and maintains the resources.
The pros and cons of a public cloud
- Easy scalability
- There are no geographical restrictions
- High reliability
- It is easy to manage
- Cons of a Public Cloud
This is not the best option for sensitive data
The cloud deployment model allows for a unique infrastructure that is owned by one business. This model provides a controlled environment where IT resources are more centrally managed within the company. This model can either be hosted externally or managed internally. Private cloud hosting is expensive but can provide greater security and allow for more flexibility to tailor the storage, network, and compute components to their specific IT needs.
The pros and cons of a private cloud
- Security has been improved
- You have greater control over your server
- You can make it your own
- Cons of a Private Cloud
- Remote locations make it harder to access data
You need IT expertise
A hybrid cloud environment offers businesses the opportunity to take advantage of both public and private cloud deployments. A hybrid cloud model combines both public and private cloud models to provide a tailored IT solution that meets business needs.
- The pros of a hybrid cloud
- Flexible and scalable
- Enhanced security
- Cons of a hybrid cloud.
As customers demand fast, reliable, and secure services, companies are facing an unprecedented IT infrastructure burden. These companies often find it prohibitive to build and maintain a secure, robust, and scalable IT infrastructure as they seek to increase their processing power and storage capacity.
There is an alternative to buying more hardware. Your company can adopt cloud computing instead. Cloud computing is an industry that is rapidly growing. It allows companies to shift away from on-premise IT infrastructure, and instead rely on cloud-based services. Cloud-based service providers offer services like storage, processing, and software at very affordable prices. Implementing a cloud-based solution can help your company save up to 30% (1)
There are three types of cloud computing service models that each meet a specific set of business needs. These three models are Software as a Service, Platform as a Service, and Infrastructure as a Service (IaaS).
Software as a service is an application that can be accessed via the internet and is not managed by your company. Your organization is free from the constant pressures of maintaining software, infrastructure management, network security, and data availability. SaaS billing typically depends on the number of users, their usage, how much data is stored, and the number of transactions that were processed. This service model holds the largest market share in cloud computing. According to Gartner, it will be worth 117 billion dollars by 2021(2). SaaS currently includes Field Service solutions and system monitoring solutions. Schedulers are also available.
Platform as a Service is a halfway house between Infrastructure as a Service and Software as a Service. It allows users to build and deliver apps in a cloud-based environment without having to install and use IDEs (Integrated Development Environments), which can be expensive. Users can also choose the features that they wish to include in their subscription. Gartner estimates that PaaS will have a 27 billion dollar annual revenue by 2021, which is the lowest market share of all three service models.
Infrastructure as a Service is a standard way to acquire computing capabilities on-demand and over the internet. These resources include storage facilities and networks as well as processing power and virtual private server. These resources are charged according to a “pay-as-you-go” model. This means that you will be charged according to factors such as how much storage you use and how much processing power you use over a given time period. Customers do not have to manage infrastructure. Instead, the service provider is responsible for ensuring the resources and availability they contracted. Gartner predicts that this service model will grow by 35.9% in 2018,. IaaS services include Amazon EC2 and Google Cloud Platform.
Cloud deployment models like public cloud, private cloud, community cloud, hybrid cloud, etc. Public, private, communal, and hybrid cloud deployment types are available. Each deployment type is determined by the location of the environment’s infrastructure. Software as a Service, Platform as a Service, and Infrastructure as a Service are the three basic cloud service models.