Cloud computing and its impact on your business

The term “cloud computing” is one of the most resonant buzzwords in recent technological expansion. Willingly or accidentally, one comes across cloud storage and cloud computing in everyday life if one is active in the online e-commerce sector.

More specifically, the majority of people use various online video calling facilities like Skype or regularly access email for business transactions and also for personal use via Gmail or Yahoo! This is where you access the data or resources that are on a cloud storage environment.

What is cloud computing?

Simply put, cloud computing means the delivery of hosted services, such as computing resources or data storage capacity, over the Internet. The end user only needs a computer and high-speed internet access to connect to the cloud where services and resources are shared.

Cloud computing, which paved the way for a paradigm shift in IT field, is now widely used in many fields such as web-based software services, on-demand gaming, platform as a service, etc. The cloud computing environment is very flexible as the applications or services are platform independent and the storage location is also in the cloud, eliminating the need to allocate specific hardware to a task.

These services are mainly provided in three forms: infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS). With IaaS, users pay for resources such as servers and other infrastructure for a period of time. With PaaS, the platform or system software is accessed from the cloud, while with SaaS, the application software and databases are provided by the cloud service provider.

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How does a cloud help in your online business?

The developments in the field of cloud computing and also the interest in this service is on a rapid growth path as it is used on a large scale by small and large companies. Unlike traditional web hosting services, the cloud service is sold on an as-needed basis and can be treated as if it were subscription-based. This is very useful for SMEs (Small Medium Enterprises) who cannot afford to buy large amounts of storage space and hardware resources.

The cloud provider provides the services and resources according to the users’ requirements. It is also very easy and fast to use, since SaaS in cloud computing eliminates the need to install software on your hardware. You can save a lot of money as the cloud offers scalability and allows you to scale up or down the use of resources or data from the cloud as needed. It also requires less manpower as the maintenance tasks, hardware and software are very minimal.

Hence, these services look promising from every perspective, whether for a large corporation or a small online business.