The concept of cloud services is no longer a mystery, almost every single industry is taking advantage of these services in one way or another. With the digitization and integration of modern technology of business, it is a known fact that the cloud based services are slowly becoming a part of our regular life. Not everyone understands everything about it but that doesn’t mean you should take innovative technology for granted. Cloud computing is just another part of cloud-based services, to get a better idea of what it is and how it works, read below.
What Is Cloud Computing?
Just a few years ago, the whole concept of cloud-based services was “someone else’s computer”. According to a lot of experts, the service includes everything that we already do but on a whole another level. Countless top cloud computing platforms have built a fortune in recent years due to the growing fond for the technology. Here’s a simple explanation of cloud computing services according to Google itself.
“The practice of using a network of remote servers hosted on the internet to store, manage, and process data, rather than a local server or a personal computer.”
There are a lot of ways to define cloud computing, but in the end, it all comes down to five major factors:
- Data Management
Types of Cloud Services
The whole cloud computing service industry has suddenly grown into a multibillion-dollar industry. The defining characteristics are computing, storage, networking, and integration capabilities of SaaS, Iaas, and PaaS offering brilliant services. All these categories of cloud computing complement each other, they can either work independently or can work in a combination of each other. Here is a breakdown of all types of cloud computing services.
1. Software-as-a-Service (SaaS)
More commonly known as “on-demand-software”, SaaS is without a doubt one of the most commonly used cloud computing services for business customers. With a variety of applications and services, SaaS is slowly replacing traditional business workings such as ERP, accounting, human resource management, CMS, inventories, supply chains, and CRM programs.
As SaaS doesn’t require the purchase of an expensive contract or licensing program, users can access as many cloud services as they want on an as-you-need basis. According to a technology journal, an average business has almost 16 SaaS services under work.
2. Platform-as-a-Service (PaaS)
You can think of PaaS as a middleman as it helps in linking SaaS and IaaS with each other. This particular cloud service provides the users with all the tools they need to create a working digital platform.
It does the work of storage, networking, and virtual servers with software and hardware crucial to the design, development, test, manage and operate applications all the while analyzing and sharing important data.
3. Infrastructure-as-a-Service (IaaS)
The IaaS is another essential part of cloud services. It takes care of crucial things like data storage and a virtual platform. IaaS helps in building cost-saving IT solutions all the while complex hardware is outsourced to a third-party vendor.
IaaS hosts infrastructure onto the public cloud and private cloud instead of an old school data center/data server. The features of any specific infrastructure are offered to the consumers by a cloud-based platform while the hardware is being managed by a service provider.
Types of Cloud Distribution
There are several types of cloud service distribution, but cloud deployment or distribution is more than just a “Private cloud vs Public Cloud rivalry”. Here’s a breakdown of all types of cloud distribution:
1. Public Cloud
A public cloud service is managed through a third-party IaaS provider. It includes services like storage, servers, and a lot of other resources delivered via the internet. As the provider has to maintain all the costs of infrastructure and bandwidth costs, a customer of public cloud service only needs access to the internet and web browser to access and manage their accounts.
- Pros: Offers reliable service, cost-effective through economies of scale, no maintenance, and elastic scalability.
- Cons: Often known as unsafe and handling for accessing private and sensitive data, customers often have to comply with strict security regulations.
2. Private Cloud
Private cloud services like cloud computing services, infrastructure, and networking are operated by an organization itself. There are two ways a private cloud can be managed, either a company’s data center is located in house, or a third-party vendor is paid to host every feature on a private server. Here are the pros and cons of using a Private cloud distribution service:
- Pros: Better control over service, easily customizable, flexible, and secure.
- Cons: More expensive and more maintenance.
3. Hybrid Cloud
As the name suggests, a hybrid cloud deployment is a combination of public and private cloud services. This service allows data, information, and apps to be shared and transferred easily among both services. The private side of the service can be used for dealing with sensitive data like banking and data recovery, while the public cloud service can be used to run high-volume apps and data.
- Pros: Enhanced accessibility and security
- Cons: More maintenance, complex compatibility
Top Cloud Computing Companies
All the top brands in any of the industries won’t even exist today if they didn’t follow up with the latest advancement in the industry. To make things even better, the top cloud computing companies have created something of cloud wars by constantly one-upping each other. We have listed the two top enterprises in the cloud computing industry.
Microsoft is involved in all three types of cloud service. Microsoft’s cloud service is known as Microsoft Azure and it is currently ranking on top as the global enterprise cloud provider.
They continue to develop and deploy products and services around artificial intelligence (AI), machine learning (ML), and Blockchain. The company is currently ranking on top in terms of profit.
Amazon is the runner-up in this little cloud war, as the huge e-commerce brand isn’t far behind Microsoft in terms of cloud computing services. It is closely behind Amazon in terms of quarterly profit, its cloud computing services are known as Amazon Web Services (AWS) and they are constantly improving themselves to take the first position for themselves.
What Are The Benefits of Cloud Computing?
As technology is evolving, so are businesses and it relies more and more on devices with IoT capabilities. As a result, a lot of offices are turning into virtual workspaces. That makes it much easier and efficient to access and share data. Here are all the benefits of Cloud Computing Services.
1. Flexible Costs
The cloud based services reduces the traditional capital expenditure spending of every business. Instead, the majority of cloud expenses is operational expenditure. As a third-party vendor will take care of maintenance, a company doesn’t have to find an in-house team to fix the server problems.
2. Improved Mobility
With these services, apps and data can be accessed from anywhere and anytime. That’s due to the ever-increasing number of devices like smartphones and tablets. Being able to access data anywhere and anytime also helps businesses as the employees gain flexibility, so your employees become even more efficient with workflows and customer service.
3. Increased Collaboration
Cloud computing helps in improving the work process which also includes data flow and collaboration between business partners. Organizations require more apps for sharing files and streamlining the workflows. As for remote workers, they can instantly connect and communicate with fellow employees and vital clients.
No technology is perfect, but some of them are less complex than others. That also includes the infrastructure of cloud computing, which runs on separate servers provided by third-party vendors. So when some problems happen, it’s the third-party vendor’s job to fix the problem by themselves instead of a business having to host an on-site IT staff to fix the problems or updating the servers.
What Does The Future of The Service Holds?
As of right now, almost half of IT expenditure globally is based on cloud-based services. As a matter of fact, it is so much likely that all businesses worldwide will use some form of service in upcoming years. In upcoming years, remote computing will become more than just a service, it will become central to all business operations.