Cloud computing services allow companies to utilize enterprise applications without the cost time and hassle of investing in new hardware and software. This allows companies to accelerate their transition from operations to innovations and gain a competitive advantage.
Servers aren’t cheap, and unless you’re investing in redundancy (like a redundant array of independent disks) there’s a high possibility that at least a portion of your servers will be down at any given time. The cost of maintaining servers and the space required to install them can quickly grow. Add to that the fact that servers require constant cooling and you’ll be looking at a substantial operating expense.
You can access your applications and data from any place with an internet connection. This lets your employees be more productive when they are on the road or at home, as well as using their smartphones and tablets.
Cloud can also allow you to increase the capacity of storage and virtual resources quickly. It is easy to quickly add capacity to meet a sudden increase in demand, and scale back down as quickly when things slow down. This is referred to as elasticity and is a significant Data Transformation benefit of cloud.
There are a handful of large cloud providers, with Amazon Web Services, Microsoft Azure and Google taking the most of the market share. Other leading contenders are VMware and OpenStack. As the cloud continues its evolution we are seeing more and more people adopting multi-cloud strategies. This is largely because it avoids the risk of vendor lock-in but it’s also because working with a variety of providers offers more flexibility.
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