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Types of Cloud Computing: Make the Best Choice for Your Business

#Article
#Cloud
July 1, 2020 7 min read

Cloud computing is a convenient on-demand delivery of various IT resources such as data storage, database, applications, servers, networks, and more. Customers have a unique opportunity to access and release this pool of highly customizable and omnipresent services autonomously.

The key reasons businesses embrace cloud are cost savings, reduced workforce, and easy management of their IT workloads. The pace of the global market’s growth is incredible. Cloud was already mainstream the previous year and will hit US$330 billion in 2020. The pandemic also drives cloud services adoption, as the recent research reveals.

Planned Cloud Usage

However, before making a switch, customers need to realize it is not something to break into. It is crucial to learn the privileges of different types of cloud computing, common pitfalls, and possible risks.

Why Businesses Should Leverage Cloud Services

We can see the growing popularity of cloud among businesses worldwide, ranging from small firms to tech giants. To understand what value it brings to those who choose to migrate, see the advantages of cloud computing.

Cloud Computing benefits

Enjoy Huge Savings Thanks to On-Demand Delivery

Since cloud computing is an on-demand delivery of various IT resources, customers can enjoy the pay-as-you-go pricing model. That means you only pay for the services you need and consume instead of purchasing costly data centers and servers.

Upscale and Downscale IT Resources as Required

Stop guessing how much computing power you need for the deployment of an application. Cloud allows you to deal with unlimited capacity. You can add or withdraw IT resources based on your business requirements.

Take Advantage of High Agility

Cloud computing services are quickly accessible, which allows developers to use the necessary IT resources almost instantly. This drastically increases the agility of the development process, reduces effort and cost, and enhances performance.

Focus on Projects That Matter

Adding value to your business means spending time on vital for the organization things like its customers, not the IT infrastructure. Cloud computing gives you a chance to generate more revenues, instead of wasting time to servers’ maintenance.

Benefit from Going Global

Connection to the cloud allows companies to deploy their applications in multiple locations at a time and in a few clicks. This means you can easily expand your business opportunities and deliver a better experience for your customers in a cost-effective manner.

3 Types of Cloud Computing

The diversity of cloud technology allows addressing the requirements of companies of all sizes. The main classification includes three types of cloud computing, depending on where the services are located and how they are deployed.

Private Cloud

A private cloud refers to computing solutions available via a secured network for a single customer. It can be hosted on-site or maintained by a third-party provider on their premises. The highlights of private cloud comprise excellent visibility, customization, top-notch security and control, superior flexibility, and scalability.

Private Cloud categories

Advantages

Businesses opt for private cloud hosting because of an exceptional level of data protection and control features. Private hosting has a significant advantage over the other types of cloud computing as it caters to each customer’s needs. They are more stable, reliable, and therefore suits for storing confidential data sets.

  • Provides Top-Notch Security
  • Allows for Highly Customizable Services
  • Allows for High Flexibility and Scalability

Disadvantages

The pricing is what stops small and mid-size businesses from migrating. Apart from the considerable costs required, users find that maintenance is a cumbersome and labor-intensive procedure.

  • Costs Too Much
  • Hard to Maintain
  • Requires Additional Workforce

Thus, a private cloud is an excellent option for state agencies and financial institutions such as banks or credit unions, due to the need to store tons of confidential information. Among well-known vendors of public cloud solutions are Amazon, Cisco, IBM, Citrix, and more.

Public Cloud

A public cloud hosting implies the operating of all customer’s IT workloads on-premises of a cloud vendor who usually offers a shared pool of services to multiple users at a time. Plus, a public cloud vendor fully maintains the software, hardware, other elements of the IT resources provided to customers.

Clouds Used

The public cloud is easy to recognize by convenient flexible pricing options, full resources maintenance, scalability, and flexibility.

Advantages

As long as the public cloud implies using computing services on a shared basis, the key privileges companies get are cost reductions, saved time, and speed. Users of public hosting do not need to pay, install, or manage hardware. This allows customers to focus on how to generate new revenue streams.

  • Requires Fewer Costs
  • Saves Time and Labor
  • Allows to Focus on Core Tasks
  • Fully Maintained by Provider

Disadvantages

When you stop dealing with IT infrastructure’s safety and cloud maintenance by yourself, your data may become an attraction for cybercriminals. In addition, public cloud hosts typically use a universal approach for all customers, limiting thereby customizing features.

  • Vulnerable to Cyber Attacks
  • Allows for Limited Customization
  • Offers Generic Features to All Users

To sum up, a public cloud is a choice of those who aren’t afraid of delegating control to a third-party organization. When looking for a trusted provider, consider Microsoft Azure, AWS, Dell, or Oracle.

Hybrid Cloud

A hybrid cloud refers to a combination of the earlier mentioned cloud solutions (private and public). The resources are typically integrated into a unique environment and distributed between clouds to provide the highest productivity possible. Such a mix of cloud unveils limitless opportunities for IT managers and empowers them to be flexible, have more deployment options, have their resources protected, and stay compliant.

With a hybrid cloud, you can get a doubled benefits package. While private cloud services deliver flawless security measures, the public cloud can help manage supportive business apps such as HRM, CRM, or email.

Top Cloud Initiatives

Use Case

The hybrid cloud products attract businesses due to their high scalability, flexibility, easy transition between clouds, security, sharing options, and reliability.

Advantages

Hybrid cloud is a fire-for-purpose, cost-saving, and flexible platform. Have a look at three use cases, proving the value of hybrid cloud hosting.

Use Case: Business Continuity

Autonomous business continuity can be very costly. It is much more affordable to use a mix of cloud opportunities when you can migrate on-site data between the cloud network.

Cloud Bursting

Cloud bursting is beneficial when temporary exploitation of resources from a hybrid cloud is required. That is, users can launch their applications in a private cloud until it offers enough power. At the critical point, users would get an extra workload from a hybrid cloud environment.

Use Case: Archiving

Using a hybrid cloud to store data is helpful, just like creating backups in case of unforeseen events. Customer organizations often appeal to disaster recovery and data archiving using a hybrid cloud at a time.

Disadvantages

Like other types of cloud computing, hybrid cloud hosting also has some drawbacks. The biggest challenge is to organize a high-level integration between private and public clouds. To merge them successfully, a user needs a professional team of IT experts. Besides, the infrastructure’s complexity can lead to multiple inefficiencies.

  • Hard to Set Effective Interaction Between Clouds
  • Requires a Tech-Savvy Team
  • Accompanied by Multiple Inefficiencies

Nevertheless, the hybrid cloud is an exclusive opportunity to pick the best functions from available clouds and make them work for your interest.

Summary

The cloud adoption continues to attract companies across the globe due to dramatic cost reductions, the ability to extend IT power anytime, high flexibility, and independence from tedious hardware and software management. Diverse types of cloud computing have proven to be beneficial for running IT processes:

A private cloud platform uniquely serves a single user, offering highly scalable and secure solutions. Public cloud is best suited for financial enterprises to store heaps of sensitive data assets.

The public cloud services are aimed to fit multiple customers simultaneously. It perfectly works when users do not want to control the rented services and pay only for services they really need.

Hybrid cloud computing is an outstanding solution for those businesses that need to combine private and public cloud features. It’s a real value for companies that process large volumes of data or those that necessitate a wide range of IT services.

When picking an ideal option for your company, consider the suggested above information. Each cloud model can individually fit into your business ecosystem. All these parameters are vital when migrating IT resources to the cloud. In case you need in-depth expertise, feel free to reach out.

 

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