Benefits of Cloud Based Solutions

Cloud Based Solutions – Basic Definition

Each cloud-based solution refers to applications, storage, on-demand services, computer networks, or other resources that are accessed through an internet connection via a third-party shared cloud computing platform. The easiest way to think about cloud computing is to compare it to electricity. Your home and business own it, but you don't need to install a power plant on your property to use it. You only need to connect to the one that supplies power to your area.

Cloud Computing Benefits

Cloud based solutions provide advantages for both businesses and end-users. Cloud providers use a pay-as-you-go model, so companies that provide cloud-based services don’t pay for more than they use. This is convenient for startups with limited budgets because it can keep expenses in line with the company's growth. If business declines for any reason, the plan can be downgraded accordingly. No need to worry about the upfront infrastructure costs such as investing in servers and software licenses. They do not have to worry about whether there is an internal IT team to handle the maintenance and repair of the equipment. For end-users, cloud computing means that they can access everything from files to emails, business applications, etc. through any device with an Internet connection. Whether they are working on an office desktop, home laptop, or mobile device, they can access their account. The information is synchronized in real-time on all devices, so there is no need to worry about the date of data loss or the need for repeated efforts. As cloud-based methods become more popular and more and more companies use them for their own purposes, the price point gradually becomes more suitable for small business (SMB) use. Since software as a service (SaaS) solutions can meet almost any business need, companies can get the tools they need at a fraction of the license cost of each user, and access is not limited to licensed equipment, which is very helpful for disaster recovery. If your hard drive fails, you can recover all your important project files from the cloud.

Reasons to Use Cloud Solutions

Building a local IT infrastructure can easily cost tens of thousands of dollars, depending on the computing power you need, the software required for the server, and several other factors. If your business location suffers from electricity loss, if there is no backup energy source, you will face downtime - and any service you provide to customers through the server will be unavailable until the service is restored. Using cloud services, maintaining the data center, and keeping the equipment up and running is not something you have to worry about.

Cloud Computing Solutions Components

Software as a Service: SaaS

At the top of the pyramid, we have SaaS because it is what most people interact with. It is software hosted on the cloud.

Infrastructure as a Service: IaaS

IaaS is the infrastructure and hardware for running software. This allows users to rent the cloud infrastructure itself-servers, data center space, and software. Renting the structure instead of owning it can be quickly and easily expanded according to business needs. This is what the cloud computing provider buys and maintains for you.

Platform as a Service: PaaS

PaaS is a platform for creating and deploying applications. It allows developers to collaborate on projects, create applications, and ultimately test features without having to purchase or maintain infrastructure. All these services work together to help companies save time and money when deploying and maintaining necessary IT resources.

Public vs Private Cloud vs Hybrid Cloud

Public cloud is a cloud service provided to multiple customers through cloud service providers running virtual machines. SaaS, IaaS, and PaaS are all part of the public cloud. On the other hand, a private cloud is a cloud service that is not shared with any other organization. The private cloud can be maintained internally or hosted by a third party. With a public cloud, the data and applications that each customer runs in the cloud are invisible to other cloud customers on the same remote server. Data management and data security are the responsibility of the provider. Public clouds and managed private clouds are available through cloud computing services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. Services such as Dropbox and Microsoft OneDrive provide cloud storage for businesses and individuals.

Think of the public cloud as renting an apartment, while the private cloud is renting a house of similar size. The house is more private, but usually the rent is higher. The maintenance of the apartment is done by the staff, but it is more difficult to find someone to work on the house-if there is no contractor, the tenant may need to take care of themselves.

Hybrid cloud is a cloud environment that mixes local, private cloud and public cloud services. This approach moves workloads between public and private clouds as needed based on changes in computing requirements and costs. Companies that choose this solution have greater flexibility and data usage options. Investing in cloud solutions can make it easier to get all the software needed to run your business smoothly. From basic human resources tasks (such as employee onboarding and tracking time) to purchasing, enterprise resource management (ERP), financial management, etc. This way your business gets everything required for the cloud.

No matter your cloud strategy, our EPAM solutions enable you to build new foundations, push boundaries and drive breakthroughs.