What are the benefits of Cloud Computing?
This tutorial will help you in learning benefits of cloud computing. Cloud computing isn’t an all-or-nothing service approach. Companies can choose to use the cloud to store their data and execute logic as much, or as little, as necessary to fulfill their business requirements. Existing businesses might choose a gradual movement to save money on infrastructure and administration costs (referred to as “lift and shift”), while a new company might start in the cloud. Some of the benefits are –
It’s cost-effective
Cloud computing provides a pay-as-you-go or consumption-based pricing model.
This consumption-based model brings with it many benefits, including:
- Firstly, No upfront infrastructure costs
- Secondly, No need to purchase and manage costly infrastructure that you may not use to its fullest
- Furthermore, The ability to pay for additional resources only when they are needed
- Lastly, The ability to stop paying for resources that are no longer needed
It’s scalable
You can increase or decrease the resources and services used based on the demand or workload at any given time. Cloud computing supports both vertical and horizontal scaling depending on your needs.
It’s elastic
As your workload changes due to a spike or drop in demand, a cloud computing system can compensate by automatically adding or removing resources.
For example, imagine a website is featured in a news article, leading to a spike in traffic overnight. Since the cloud is elastic, it automatically allocates more computing resources to handle the increased traffic. When the traffic begins to normalize, the cloud automatically de-allocates the additional resources to minimize cost.
It’s current
When you use the cloud, you’re able to focus on what matters: building and deploying applications. Cloud usage eliminates the burdens of maintaining software patches, hardware setup, upgrades, and other IT management tasks.
It’s reliable
When you’re running a business, you want to be confident your data is always going to be there. Cloud computing providers offer data backup, disaster recovery, and data replication services to make sure your data is always safe. In addition, redundancy is often built into cloud services architecture so if one component fails, a backup component takes its place. This is referred to as fault tolerance and it ensures that your customers aren’t impacted when a disaster occurs.
It’s global
Cloud providers have fully redundant datacenters located in various regions all over the globe. This gives you a local presence close to your customers to give them the best response time possible no matter where in the world they are.
You can replicate your services into multiple regions for redundancy and locality, or select a specific region to ensure you meet data-residency and compliance laws for your customers.
It’s secure
Think about how you secure your datacenter. You have physical security – who can access the building, who can operate the server racks, and so on. You also have digital security – who can connect to your systems and data over the network.
Cloud providers offer a broad set of policies, technologies, controls, and expert technical skills that can provide better security than most organizations can otherwise achieve. As a result, strong security.
Reference Documentation – Benefits of cloud computing