Over the past years, the use of the term “cloud computing” in discussions surrounding the internet has increased. From blog posts to the twitter mainstream, the concept seems to be gaining ground around the world.
How big is this industry? As of 2019, the global industrial cloud computing market was estimated to be about USD 320.14 Billion and is predicted to hit USD 1992 Billion by 2030.
Asides that, a majority of established companies are beginning to incorporate cloud computing into their IT strategy. Some of these companies include Instagram, Etsy, Netflix, Xerox, Apple…and a couple of other well-known establishments.
In this light, this article aims to cover the basics of cloud computing- all there’s to know about its fundamentals.
So, what is cloud computing?
Cloud computing talks about the delivery of on-demand computing services- including storage, servers, networking, analytics, intelligence, databases, servers- over the internet (i.e. the ‘cloud’).
How does it work?
Simply put, cloud computing saves companies the stress of owning personal data centres and computing infrastructures by giving them access to these structures through cloud service providers.
Cloud computing can be compared to renting a house. Rather than pumping money into a structure upfront, cloud computing allows organizations to pay for only what you use- saving businesses both time and resources.
Types of cloud computing
There are several types of cloud-specific to each person’s needs. Simply put, not every model of cloud computing works for everyone.
Cloud computing is majorly classified based on how the cloud would be deployed.
Cloud deployment talks about the cloud computing architecture your cloud services would be implemented on. There are three major distributions in this category: Public cloud, Private cloud, and Hybrid cloud.
A public cloud is controlled by a third-party cloud provider, which deliver their services over the internet.
A private cloud is used and maintained exclusively by a business or organization.
In simple terms, a hybrid cloud serves as a bridge between the public and the private world. Here, data and applications move freely between both clouds.
Benefits of cloud computing
Cloud computing is a significant shift from the traditional way of doing IT. It eliminates the need for business to set up individual data centres- as well as the need for specialized IT managers, never-ending power supply and racks of servers- all in need to deliver top-notch services to their customers.
To protect the data, infrastructure and apps of businesses from potential threats, cloud computing services offer more robust policies, technologies and controls that help strengthen their security. Amongst these features is the cloud native security feature that provides greater protection against cyber-attacks for your apps—and enhance your overall security posture|.
There is an intricate ability to deliver the right amount of IT resource over a larger space when compared to its traditional alternative.
Maintenance of on-site datacenters includes tedious computing chores such as software patching, hardware setup, and a lot of other ‘racking and stacking’ that accompanies IT management.
As business gets such mundane tasks out of the to-do list, more time is created to channel their energy into more productive activities.
Applications of cloud computing
If you use an online service to send emails, watch movies, or stream music, chances are it is cloud computing that is making it all possible behind the scenes.
Here are a few ways in which most companies are incorporating this service into their IT strategy:
Creation of cloud-native applications
Store and back-up data
Deliver software on demand
…and a host of other applications in the business space.
Although the first cloud computing service is barely a decade old, the popularity of this feature has exploded.
Likewise, wouldn’t you love to incorporate what cloud computing offers into your business IT strategy?