Many current business needs can be managed more effectively in the cloud server rather than on the company’s in-house facilities. If your organization uses Dropbox for data storage, Slack for internal communication, or Salesforce for handling customer service, you’re already using cloud computing.
90% of companies are already taking advantage of using cloud services to store their vital data. Also, businesses investing in cloud solutions enjoy up to 53% faster revenue growth in comparison to their competitors.
So if you are exploring the benefits of moving to the cloud, this article will give you the answer to this question as well as provide you with some important nuances related to the security issues related to cloud computing.
What Is Cloud Computing?
The term “cloud computing” refers to a variety of cloud services, including:
- Cloud storage: These services store and backup files so you can access them whenever you want. Files may also be exchanged and synchronized between different devices.
- Cloud backup: Although cloud storage and cloud backup may seem synonymous, cloud backup is intended to serve as a failsafe solution in the event of a server crash, cyberattack, or other data loss.
- Software as a service (SaaS): SaaS solutions use the web to provide a service.
- Cloud hosting: It facilitates multiple types of information sharing, such as email services, data storage, web-based phone systems, and application hosting.
What Types of Cloud Services Do Companies Use?
Cloud-computing services range from data storage to functional programs, including customer service tools, accounting software, and remote desktop hosting. These services can be divided into three groups: software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS)
Software as a Service (SaaS)
SaaS allows users to access software apps through the internet. SaaS apps, which are accessible through computers and internet-enabled mobile devices, allow employees to collaborate on projects, download essential files, and work directly on specialized computer programs. SaaS apps include Google Workspace and Microsoft Office 365.
Platform as a Service (PaaS)
Software developers may use this cloud service to access cloud-based resources such as APIs, web portals, and gateway software. Common solutions include Google App Engine, Salesforce’s Lightning, and AWS’ Elastic Beanstalk.
Infrastructure as a Service (IaaS)
Physical hardware, such as in-house web hosting servers, can be replaced by IaaS. IaaS allows companies to take advantage of different configurations to manage multiple workload needs by providing services like virtual servers or virtual machines. Microsoft Azure and Amazon Web Services are two of the most important players in this area.
Benefits of Cloud Computing
Cloud computing is probably the most cost-effective option to use, manage, and update the IT infrastructure. There are many pay-as-you-go packages and other scalable solutions available, making the transition from conventional on-premises hardware to the cloud very affordable for companies of any size.
You can use cloud services to save money and boost performance rather than overpaying for costly server equipment, desktops, and licenses, then spending a lot of time setting up and maintaining them.
Flexibility and Mobility
Cloud computing is the next step of cloud transformation because it provides the employees with the advantages of mobility:
- Access from anywhere: Cloud computing enables employees to travel more freely and work from every place outside of the office.
- Access from any device: Mobile apps and devices have progressed well beyond on-the-go messaging, allowing personal devices to access business applications and corporate desktops.
A significant number of cloud-based storage solutions include integrated cloud analytics and can be improved with tracking mechanisms, allowing to build customized reports to analyze information.
Better Control and Collaboration
With cloud solutions, you can have full access and control over your data. You can easily control what level of data access employees have, allowing you to control and streamline the work process. Cloud computing also facilitates collaborations since many employees can work on the same version of the document, therefore there is no need to have many copies in circulation.
Cloud service ensures fast data recovery, which means that in case of a power outage or disaster, a downtime of your business will be minimized up to 4 hours.
One of the most distinct advantages of cloud solutions, not mentioned above, is the security of data stored in a properly protected cloud service. Nevertheless, cloud security companies have to take measures to protect the data of their clients, ensure privacy and support regulatory compliance. For this reason, demand for cloud data security – a set of controls, policies, technologies, and procedures used to protect cloud-based data, applications, and infrastructure – rapidly grows. 66% of IT professionals say security is their greatest concern in adopting a cloud computing strategy.
Still, it is important to understand that not only cloud security companies have to take measures to ensure the security of data stored in a cloud but alsoIT organizations must take security measures to ensure that cloud computing does not put their business at risk.
Threats to Cloud Data Security
Although DDoS attacks were extremely difficult to initiate when cloud computing first became popular, Internet of Things devices, smartphones, and other computing systems changed that. Today, with enough traffic initiated to a cloud system, the threat of a DDoS attack is among real cloud security risks.
A cloud provider itself can become a reason for a cloud security threat. A