Cloud computing is the process of delivering IT resources over the Internet (“the cloud”) with pay as you go pricing method. Computing services including servers, storage, database, networking, software, intelligence, and analytics is available on the cloud. All organizations are using the cloud for data backup, storage, disaster recovery, software development, emails, and customer-based web applications.
Today, healthcare organizations are utilizing cloud services to develop personalized treatments for all patients. Finance companies are using it to detect and prevent fraud. Online game developers are delivering games to players around the globe. It doesn’t store data on the hard disk of your machine rather allows you to access it from a remote server.
What are the advantages of cloud computing?
Cloud computing technology is a dynamic shift from the traditional way of doing business. Some of the benefits of cloud computing have been listed below –
Minimizes the cost incurred
Cost savings is the greatest benefit of using cloud computing. Capital costs are drastically reduced, as there is not much requirement for physical hardware storage devices. Trained personnel are no longer needed to maintain the hardware. Buying and managing equipment is the cloud service provider’s job.
By using this latest computing solution, you get an added advantage over your competitors. The cost and time spent on running companies have reduced.
Quick deployment using cloud technology allows you to procure resources for your systems with few clicks.
Back-up and recovery is just a piece of cake. It does not take hours anymore and data can be traced backed within few clicks.
Reliability and mobility
Employees can access cloud services from wherever they are located and are kept informed of any changes. It is an extremely reliable solution.
Employees can collaborate in the most convenient and secure manner. They might be located in different geographical regions, which is not a restraining factor anymore.
Quick deployment of technology
With cloud computing services, your system is fully operational in a few minutes.
Unlimited storage capacity
The cloud technology allows limitless capacity to store data and sensitive information. In case of need of larger space, one can always pay a nominal cost and can get the space added to existing cloud service.
On-site datacenters require hardware setup, software patching, and IT management actions. Cloud computing technology helps to get rid of these tasks and focus on other important business processes.
Cloud computing services are very beneficial. Delivering the right amount of resources wherever required is possible from any geographical location. Requirements for more or less power, storage, and bandwidth can be catered to without any hassles.
What are the disadvantages of cloud computing?
Some of the challenges encountered when using cloud-computing technology are as follows –
Susceptible to an outage and other restraining technical concerns. Maintenance costs and standards are also high.
Performance may vary
Sharing of cloud services means while your application is running on the server it can provide resources to other business organizations too. The Greedy attitude would affect the performance of your server also.
Deployment of cloud technology where you are sharing your company’s confidential data with a third person can be risky. Hackers can reach and trace this information.
Internet connectivity and lower bandwidth
Strong Internet connectivity allows you to gather data from the cloud. Bandwidth usage is also limited in advance. If the organization over utilizes the allowance limit additional charges are applicable.
Future of cloud computing technology
Cloud computing is the fastest evolving network-based technology. It offers on-demand self-service and device independence. Bonus advantages of online security and accurate computing make it very reliable. It is a catalyst for carrying out the process of digital transformation.