Cloud computing is no longer a new term in the enterprise solutions market. Whether storing vast information or generating useful business insights from raw data, cloud computing technology has taken over a large chunk of the business sector.
Maybe that’s why the cloud computing sector has generated a whopping revenue of $371 billion. That number is further expected to surpass $832 billion by 2025! Transparency, high performance, security, and less complex infrastructure facilitated the huge growth of cloud-based enterprise solutions.
Moreover, almost 90% of businesses worldwide are using cloud computing in some form or the other.
However, there are still some companies that are leveraging missing on this robust opportunity.
Are you one of those organizations that are unknown about the excellent benefits of cloud computing for your business growth? Well, don’t worry; we have got you covered! Today’s blog will cover the top benefits of adopting cloud-based enterprise solutions for your business. But first things first.
What is Cloud Computing?
Cloud computing is a robust buzzword in the business sector that securely stores and analyzes raw data to generate useful business insights. The delivery process of computer resources, including servers, networking, databases, and storage, promotes innovation and flexibility.
With cloud computing, you can remotely store all your business data on a secure platform. Depending on your business requirements, these platforms may be private, public, or hybrid. Once the data is stored, it can only be accessed using special rights. You can further utilize that data to generate business insights.
Even during peak hours, the data can be used efficiently and works seamlessly for several thousands of devices. You can even reduce your operational cost as there is no need for a local server, and maintenance is done by the person handling your remote cloud platform.
Types of Cloud Computing Models
So, you now know what exactly cloud computing is. But, what type of cloud computing model will suit your business? Yes, you heard it right!
There are various cloud computing models built to match business requirements worldwide. You can choose any model to store your data and process it for further innovation.
Public Cloud
A public cloud is a remote server that securely stores your business's information on a public platform. That means you do not get a private platform; rather, two or more companies use the same platform for storing the data.
A public cloud platform is useful for small-scale businesses or startups that are new to the cloud platform and are slowly scaling their business operations. In such type, the security and integrity remain intact; however, privacy is not present.
Private Cloud
A private cloud platform is another robust cloud computing model similar to the public cloud. However, the only difference is that in a private cloud, you can utilize the complete platform for storing only your business information.
That means the cloud is dedicatedly used to offer your privacy and data security without compromising the performance. Medium or large-scale enterprises mostly use this type of cloud computing model.
Hybrid Cloud
A hybrid cloud is a mixture of both public and private clouds. It is a platform that easily eliminates the drawbacks of both the cloud platforms mentioned above. You can use public and private clouds together, multiple public clouds, or multiple private clouds. Together that combination will be called a hybrid cloud.
Multi-Cloud
Finally, we have multi-cloud, which is widely used today by enterprises. One of the concerns businesses may have been the security of their data stored with one cloud service provider. However, that issue is resolved with the use of multi-cloud.
Multi-cloud means using different or the same cloud platforms but from various cloud service providers. That means hybrid clouds but from different service providers.
How Can Cloud Computing Benefit Your Organization?
So, now that you know the basic types of cloud computing, let us quickly uncover the amazing benefits it offers to your organization.
Secure Data
Data security is the foremost benefit of adopting a cloud-based solution for your organization. We are well aware that data stored locally can possess a great threat to the organization. It can easily be stolen or can get damaged during any accident.
However, that’s not the case with cloud computing. Using a cloud server, you can easily store your data on a remote server and access it using special rights. Since the information is stored at an unknown remote location, it cannot be damaged even during any hazard. Besides that, you can even use a private cloud to ensure more security and integrity of your business data.
Useful Business Insights
Today’s competitive world calls for real-time information and analysis of market trends for a successful business. However, such a vast amount of data cannot be stored or analyzed using local servers or legacy solutions. That’s where cloud computing comes into play!
You can integrate as many smart devices into your enterprise solution with a cloud-based solution as possible. Moreover, the data generated by those smart devices can easily be stored remotely and can be proceeded to create useful insights in seconds.
You can use that information to make effective business decisions yielding profits and better brand value!
