When it comes to cloud computing, companies typically have three options: a private cloud, a public cloud, or a hybrid cloud which combines elements of both. While private and public clouds are more common, hybrid cloud technology is on the rise. In fact, analysts believe the global hybrid cloud market will grow from $44.6 billion in 2018 to $97.6 billion by 2023. But just what is hybrid cloud? What are hybrid cloud benefits? And is this model right for your business? To help answer these questions, it’s important to understand the differences between public and private clouds and what makes the hybrid cloud model unique.
When cloud computing first emerged, many companies were hesitant to embrace it. They worried about security and compliance. They worried about performance and costs. And they worried about how it would affect their day-to-day operations. In short, many organizations didn’t trust the cloud and felt moving over would not be in their best interests. However, attitudes soon changed, and before long many companies began embracing cloud computing.
Wondering what makes a public cloud different from a private cloud? Not sure what a hybrid cloud is? While the answer is somewhat complicated, here’s a very simple explanation:
Owned and operated by a third-party service provider, a public cloud is, in essence, a server that shares resources among many different organizations. In general, a public cloud is ideal for small businesses or companies just getting into cloud computing.
Owned and operated by an organization, a private cloud restricts resources and is for the exclusive use of its owner. A private cloud is generally ideal for large organizations with complicated needs and stringent security standards.
A hybrid cloud, on the other hand is, a cloud computing model that combines the benefits of public and private clouds. This model is for companies who need or want more than a single type of cloud computing can provide.
With a hybrid cloud model, companies get the best of both worlds: the power and agility of a public cloud and the safety and elasticity of a private cloud. Businesses love hybrid cloud technology because:
It’s scalable: In a hybrid cloud environment, users can leverage the power of a public cloud to increase operational capacity, all while keeping critical applications and workloads in a private cloud. this enables companies of all sizes to more effectively compete with larger, more established rivals.
It’s secure: For most companies, securing sensitive data is a top priority. With hybrid cloud computing, businesses can leverage the security of a private cloud while enjoying the power and capabilities of a public cloud. This reduces the risk of an embarrassing and costly breach.
It’s affordable: The ability to shift to the public cloud whenever there are spikes in demand means companies don’t have to invest in expensive infrastructure that may sit idle during slow periods. The result? Significant cost savings and increased agility.
It’s flexible: Few companies can predict how their needs will change from month to month or year to year. With hybrid cloud management, organizations have the freedom and flexibility to address whatever the future may bring.
While the main hybrid cloud benefits include flexibility, affordability, security, and scalability, there are many other reasons to consider deploying a hybrid cloud. A real-world example of hybrid cloud deployment is gaming manufacturer Sega. The company uses a hybrid cloud to provide a scalable and agile testing environment for developers. Banking and finance company ING Financial leveraged a hybrid cloud to significantly reduce costs. As a bonus, the company also cut down on energy consumption.
Not sure what type of cloud computing is right for your business? Have questions about hybrid cloud management? Consult with an expert to discuss your unique needs and challenges. The right consultant can help you choose the right model and select a cloud service provider that can meet your needs.
Contact Us Today
Big data is renowned for its ability to transform, refocus, and even create new business where none existed before. Its advantages and potential are widely recognized across multiple industries. The drawbacks and disadvantages of big data in modern business are typically well understood too. Time, costs, and the bandwidth requirements of cloud computing can keep many companies from using data analysis to its greatest potential.Explore
Businesses across a range of industries choose to collect data on their customers as a way to provide them better and more useful services. Whether you’re a technology company, a medical company or even a government body, this personalized data can be incredibly useful for creating meaningful and targeted experiences for your users or customers.Explore
Nearly everyone in business is familiar with the Pareto principle—sometimes called the “80/20 rule”—which describes an oft-observed phenomenon in which only 20% of the inputs of a process or program generates 80% of the outputs. This translates, for example, into only 20% of clients generating 80% of a company’s revenue or only 20% of a workforce creating 80% of a company’s value. It is an important concept for executives to keep in mind while prioritizing initiatives for customer retention and business development.Explore