Pandemic has catalyzed the widespread expansion of cloud computing worldwide. Most enterprises have invested in the solution, wanting to gain access to data anywhere, ensure business continuity for the company and benefit from its scalability. Research firms’ forecasts for 2021 say that by the end of the year, public cloud spending will increase by 18%, reaching a ceiling of 332,3 millions of dollars. We present the most important facts and myths about the cloud to help you understand its essence and benefits.
Fact: Cloud computing’s steadily growing market share
The cloud is a solution that is gaining popularity worldwide due to its stability, convenience and usability. The biggest values of the cloud are that it ensures 24-hour service availability, data security also in case of downtime or failure, and reliability of the solution. By the end of the year, public cloud spending will have risen to $332.3 million, and is expected to reach as much as $397.5 billion next year, showing that cloud computing’s market share is growing rapidly.
Fact: the scalability of the solution
The cloud is a flexible solution that can fit any business – from a start-up to a large corporation. There are different types of cloud: shared hosting, VPS hosting or private hosting. The cloud provides you with the ability to expand your infrastructure without spending a lot of money.
Fact: significant reduction in corporate costs
The cloud generates savings from not having to purchase software, additional servers and databases or network equipment. The cloud is a network of remote servers storing data, which allows you to freely manage it from any device. Thus, cloud computing saves time, which translates into profits. The solution optimizes IT infrastructure spending by reducing the cost of hiring a new employee for the IT department. Using a cloud service as part of IT outsourcing in a subscription model provides fixed costs that a company can deduct from income tax.
Fact: the cloud can be used successfully by start-ups.
The cloud is not just the domain of large corporations. Because of the flexibility of the solution and the ability to adapt it to the size of the company, the cloud does not require a large investment, which is why it is so often used by start-ups. A good solution for small businesses is cloud ERP. The benefits that often drive start-ups to purchase the solution are intuitiveness, 24/7 accessibility and ease of doing business.
Myth: the cloud does not provide the company with enough security
This is one of the biggest myths about cloud computing. The cloud provides data security by encrypting communications between servers and user devices or between systems within a single solution. The cloud’s wide range of security features from access to high-bandwidth links to firewalls ensure security and the ability to effectively defend against cyber attacks.
Myth: a local server provides more security than the cloud
The cloud is a more secure solution than a local server. Why? A local server does not have adequate safeguards against fire, flooding or damage, because it is often located at the company’s headquarters rather than in another location. Small companies are unable to provide adequate security for local servers due to excessive costs. Local servers often have no backup, while the cloud is distinguished by a number of stringent security features. Access to the cloud only by authorized individuals and data encryption are other benefits, raising the security of the solution to stratospheric heights.
Myth: the cloud can’t protect a company from downtime
Here’s another myth. The cloud effectively protects a company from downtime caused by power outages, floods or failures, which can even result in multimillion-dollar losses. The cloud stores data in a distributed environment located off-site, which precludes data loss due to the destruction of an on-site server. Cloud computing leads to optimization, deduplication and compression of protected data, ensuring that RTO (the time it takes to back up lost information, services or applications and restore them to their pre-failure state) is minimized. RTO for the cloud can range from a few seconds to a few minutes. The cloud, in the event of a natural disaster or failure caused by human error, makes it possible to rescue data and ensure the continuity of IT systems.
Myth: cloud costs too high
The cloud is not expensive when you consider the cost of purchasing and operating a server room, as well as the cost of electricity and the IT team time required for setup. Not having a cloud generates high costs for disaster recovery and downtime and hardware replacement, which can exceed cloud expenses by up to several hundred times!
Myth: cloud is a temporary trend
We know that many solutions are being lobbied for by manufacturers’ marketing departments or advertising agencies working on their behalf. The cloud is not a momentary trend, as its origins date back to the 1960s of the 20th century, and its expansion has continued since 2000. The popularity of the cloud has meant that today both start-ups and multinational corporations are using it. This solution generates savings, ensures data security and access to its resources from anywhere.
Myth: Cloud is a temporary trend
We know that many solutions are being lobbied for by manufacturers’ marketing departments or advertising agencies working on their behalf. The cloud is not a momentary trend, as its origins date back to the 1960s of the 20th century, and its expansion has continued since 2000. The popularity of the cloud has meant that today both start-ups and multinational corporations are using it. This solution generates savings, ensures data security and access to its resources from anywhere.
Cloud from ITH – an innovative solution for your business
At ITH and Kru.co.uk, we have state-of-the-art cloud computing solutions, which we offer together with the 100% owned Hexerio.com platform. We offer different types of clouds from Public cloud to Cloud VPS to Object Storage. The most important features of our cloud include: EC2 API compliance, localization of resources in Poland in a Data Center with a minimum Tier 3 standard, high resource efficiency or no upfront costs for the customer. Cloud Hexerio services can be combined with other ITH Data Center services such as colocation and dedicated servers, creating a single hybrid environment inside your company, streamlining work and ensuring security. A distinctive feature of our offer is the incubation programs implemented by Hexerio and dedicated to both start-ups and individual developers.
Explore the full range of hosting and cloud offerings from ITH under the Kru.pl brand.