With over 60% of the world’s corporate data stored in the cloud, this technology is no longer ‘new’ it is the norm. But choosing the right cloud solution for your business can be a daunting task. There are so many cloud solutions available, and it can be hard to know which one is the best fit for you.
Let’s take a quick look at the different types of cloud solutions and the benefits of cloud computing to help you make the right choice for your business.
What are cloud solutions?
First, what are cloud solutions? Also known as cloud computing or cloud services, cloud solutions deliver IT resources on demand over the internet. Companies such as Amazon Web Services, Microsoft Azure and Google Cloud Platform can provide subscribers with everything from applications to data centres on a pay-as-you-go basis.
Cloud solutions make it possible for IT resources to quickly adjust to the size required for a business, without needing to invest a lot of money in hardware or spend a lot of time setting up and maintaining them. Businesses can access the exact type and size of computing resources they require for a new project or to ensure their employees have access to what they need to be productive.
What are the main cloud solutions?
There are a variety of cloud solutions available, and they each have their unique features and benefits. Depending on your business and its needs, one or more of these solutions may be the best fit for you. Before choosing a cloud solution, it’s important to understand the different types of cloud solutions available so that you can make an informed decision.
Here are some of the most common types of cloud solutions.
Infrastructure as a Service (IaaS)
IaaS solutions provide clients with computing infrastructure, such as virtual machines, storage, and networks, that they can use to run their applications. IaaS is an ideal choice for companies that require a large amount of computing power. This solution allows businesses to scale as needed, making it perfect for growing startups. Amazon Web Services and Microsoft Azure are key players in this service.
Platform as a Service (PaaS)
PaaS solutions allow clients to build, test, and deploy applications without having to think about the underlying infrastructure. This type of solution is ideal for businesses that want to focus on application development and leave the server administration to the experts. Paa-based solutions are great for companies that want to move to the cloud but don’t have the in-house skills or resources to do so. Salesforce’s Lightning and the Google App Engine are PaaS services.
Software as a Service (SaaS)
SaaS solutions are software-based applications that are hosted by a third-party provider. This is one of the most popular cloud solutions, and it’s ideal for businesses that want to outsource their technology needs. Software-based solutions are often found in industries such as HR, sales, marketing, and finance. Microsoft 365 and Google Workspace are popular examples of SaaS applications.
Benefits of cloud computing
Before choosing a cloud solution, it’s important to understand the benefits of cloud computing and whether it is the right choice for your business.
Scalability – One of the biggest benefits of cloud solutions is the ability to scale to meet your needs. Whether your business is growing or shrinking, a cloud solution can be easily scaled to meet your changing needs. This means you’ll never be over or under-utilising your computing resources and paying for more or less than you need.
Flexibility – Cloud solutions are also highly flexible, meaning you can easily move your data from one provider to another if necessary. This makes it easy to switch providers if you find a better solution and is a great feature for companies that value flexibility.
Reliability – Cloud solutions are also known for their high reliability, and they’re often more reliable than on-premise systems. This means that your data will be safer and more secure and your business won’t have to experience downtime or outages.
Cost savings – Cloud solutions are also known for their low cost. This is because providers use economies of scale to keep costs low and pass these savings on to their customers. Your business is also not required to outlay as much in IT consumables, which reduces costs overall and has the added benefit of being more sustainable in the long term.
Cloud solutions with cloud experts at Virtu
In today’s rapidly evolving world, organisations must be able to adjust quickly, grow in size, and be prepared for any situation. Incorporating the appropriate technology into your business can help you become more efficient, boost productivity, and reduce expenses. Cloud computing should be seen as an important asset that can give an edge to your business, and the cloud experts at Virtu can ensure your business gets the cloud solution it needs.