The rapidly increasing digital inclusion calls out for a high-scale cloud computing market. With the rise in digital business solutions and the number of mobile phone users, enterprises tend to invest more in cloud computing applications. The vendors are providing public and private cloud computing services through platforms such as Google Cloud Platform, Microsoft Azure, and Amazon Web Services, etc. regardless of the size or nature of the company.
No matter if it is a startup or a full-fledged enterprise, cloud computing services are grooving into every industry in any form. Taking into consideration the requirements of the system and the operational infrastructure of an organization, companies can implement cloud computing services that tend to help streamline regular processes.
One reason for the rapid adoption of enterprise cloud computing services is that humans generate huge data every day. In the year 2020, 1.7 MB of data is created every second by each person. It is estimated that by 2025, humans will generate 463 exabytes of data each day. Moreover, the use of online services and applications is exponentially increasing amid the pandemic situation all over the world. Considering this change, cloud computing services are gaining ground.
Types of Enterprise Cloud Computing Services
The term cloud computing was coined in 2006 when Amazon Web Services (AWS) was launched. Today, enterprise cloud computing solutions provide an array of services that can be obtained from public or private cloud computing services providers. The IT resources they provide include data storage, servers, software, databases, efficient processing power, analytics, network infrastructure, and more all over the Internet.
Below are some types of enterprise cloud services;
1. Public Cloud
In public cloud computing, services are provided by a third party. They use distributed infrastructure where the services are deployed separately. These are available to everyone all over the internet. The customers are supposed to pay for these services based on the storage or CPU cycle usage.
2. Private Cloud
In private cloud computing, the infrastructure is deployed for an enterprise based on its infrastructure. It is privately used by that enterprise to manage all of its in-house operations seamlessly. This option is more expensive as it allows them to develop and maintain their own cloud dedicated to the enterprise.
3. Multi-Cloud
In multi-cloud, public and private cloud services are combined from different vendors. It builds a heterogeneous cloud architecture for enterprises. The benefits of using multi-cloud services provide enhanced flexibility and security as the risk gets distributed across other cloud computing services.
4. Hybrid Cloud
Hybrid cloud corresponds to mixed computing services and storage that are developed for on-premises infrastructure. It combines private and public cloud computing infrastructure to ensure enhanced security and secure confidential data by all means.
Driving Factors of Enterprise Cloud Computing
The adoption of cloud computing technology is greasing the wheel of business success. The driving factors of enterprise cloud computing include:
Scalability
Even if you are a startup, for now, you can employ cloud computing services with limited and constrained resources. One of the benefits of cloud computing corresponds to its scalability. It helps you scale up your business infrastructure in the future when required. Other than purchasing expensive upgrades, cloud computing services provide enhanced capabilities to scale up without any additional overhead.
Cost-effective
Cloud computing services are highly cost-effective. They work with a pay-as-you-go pricing model. It means that you will be charged against the resources you use and how much. The companies that tend to scale up the infrastructure do not require to buy expensive equipment, data center, or space for physical storage. Cloud computing helps reduce the cost of hardware and system upgrades, wages for additional employees, energy consumption, etc. Therefore enterprises can take advantage of cloud computing services that are reliable and secure for enterprises and can be accessed easily from anywhere around the world.
Security
Security is a crucial aspect of an organization when it comes to protecting the sensitive information of the company and its customers. Cloud computing services take into account stringent security practices to mitigate the risk of high-scale cybercrimes. Data breaches cost businesses harsh penalties and regulatory actions. Therefore, every business is highly concerned about the strong security that cloud computing services address effectively by securing both private and public deployments.
Efficiency
In an online working environment, communication and collaboration are very important. Cloud computing helps you communicate and share the data over the internet verification easily. No matter if you are working far away from the office or your team, cloud computing makes it possible for you to streamline communication. A secure channel of data transfer makes it protected with cloud computing and the regulatory obligations can be ensured effectively.
Flexibility
Enterprise cloud computing gives the leverage of flexibility to firms based on their infrastructure or operational framework. The capital can be reduced by optimizing the resources and deploying them over the cloud. You can access the application from anywhere as all the data is secured over the cloud. Moreover, based on the business model, scalability can be ensured that help you grow and increase overall business revenue.
Risk Management
Risk management practices should be strong enough to keep your business always secure. For instance, an increasing number of data breaches, credit card fraud, cybercrimes, payment fraud, natural disasters, or service outages, etc. call out vigorous risk management procedures. Cloud computing ultimately serves the purpose of robust security of enterprise data. This also helps comply with the regulatory obligations.
To conclude, cloud computing plays a critical role in removing barriers in the way of innovation. Businesses are shifting the paradigm of their operations making them more digital and secure using the power of this cutting-edge technology. Today, every business is deploying cloud services to get a competitive edge in the market.
