Cloud computing is defined
as “a technology that uses the Internet and central remote servers
to maintain data and applications.” In other words, it is the
delivery of computing and storage capacity as a service. That means
businesses and consumers need not install any applications as they
can use applications and access files and documents using a computer
with internet access. Hence, thanks to its centralized storage,
memory, processing, and bandwidth enterprises can now do more
efficient computing than earlier times. Cloud computing is divided
into three segments namely applications, platforms and
infrastructure. These different segments serve different purposes and
provide different products to businesses and enterprises.
The cloud
computing services are
growing at a faster rate as it offers a dynamic solution for
enterprises and businesses to increase their IT capacity or
functionality without having to increase personnel,
software/applications, and infrastructure. According to Gartner, the
fastest growing segment in IT outsourcing is cloud-computing
services. It is expected to grow 48.7% to $5 billion in the current
year, up from $ 3.4 billion last year. The research director at
Gartner, Gregor Petri, is of the view that, “Today, cloud computing
services primarily provide automation of basic functions. As
next-generation business applications come to market and existing
applications are migrated to use automated operations and monitoring,
increased value in terms of service consistency, agility, and
personnel reduction will be delivered."
The
greatest advantage of cloud computing is that it reduces wastage,
increases effectiveness, maximizes utilization and facilitates easy
access to resources, applications and platforms. Cloud computing is a
convenient, on-demand model for network access, which significantly
reduces costs, increases storage availability, enhances automation
thereby eliminating worries about keeping applications up to date.
Moreover, there is extensive flexibility and control of data.
Besides, there is higher reliability and up time and increased
mobility thereby allowing organizations to access information
anytime, anywhere.
Cloud
computing services are broadly divided into three
categories: Infrastructure
as a Service(IaaS),
Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). Of the
different cloud
computing providers only
a very few can deliver the real power of the cloud at fingertips.
Therefore, enterprises must partner with only those cloud-computing
providers who have the expertise, robustness of cloud
infrastructures, managed services support, and ability to offer the
entire IT infrastructure in the cloud.
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