We live in an always-evolving world; all organizations need to turn their business into new forms of technology, which is why a digital transformation is a tool for survival. Cloud computing plays a significant part in this revolution and becomes the trigger for this transformation. Today, each company gauges its performance by customer experience; a cloud-based business model helps organizations embrace new channels to provide high-level experience for customers, distinguishing its strategies and solutions from the present market competitors.
What does cloud computing mean?
Cloud computing refers to the maintenance, storage, management, processing, analysis, and data security procedure through an internet network of computers. Data are not saved on physical devices, but on the cloud, it helps companies better manage, streamline processes, promote productivity, optimize costs and enhance the digital experience of customers.
Types of Cloud Computing
Three sorts of services are provided in the cloud:
1. Software as a service Software (SaaS)
With this option, a third-party cloud provider hosts and offers consumers throughout the globe software applications on demand. Examples of SaaS include Google Apps, Dropbox, Big Commerce, HubSpot, etc.
2. Service Infrastructure (IaaS)
In the second alternative, third-party suppliers provide software and hardware to compute Internet applications, operating environments, databases, or platforms. Examples include Windows Azure, AWS Elastic Beanstalk, Heroku, GCP, and many others.
3. Service-as-a-platform (PaaS)
The last option is a third-party provider that provides access to computing resources such as storage, data center space, security, scaling, network elements, or servers. Examples are Digital Ocean, Rackspace, and so on.
Cloud Computing enables the transformation of the digital enterprise.
Each organization should adopt the digital transformation process, if necessary, to modernize its existing IT infrastructure, to be competitive, and to offer value to the company. Beyond cloud solutions, a corporation should integrate new technologies which can speed up, automate, and enhance businesses such as Artificial Intelligence, Machine Learning, Big Data Analytics, IoT, etc. Because such technologies require high computing power and storage space, cloud computing is a solution for integrating various technologies.
Benefits of cloud computing:
Cloud computing allows firms to save costs by not investing in the internal creation and maintenance of IT resources, especially when it continuously changes.
Cost-effectiveness, Cloud solutions are tailor-made to meet company objectives and give a scalable framework model in which companies have to pay for just the services needed. In this instance, a firm can select a cheaper option without establishing and maintaining a costly IT infrastructure.
Security, any in-house data or personal information may be exposed to security violations, such as cyber-attacks and cyber threats. Instead, cloud hosting can keep many data backups in a distributed system. Even if a security node is down, there is no damage to the data contained in the other data.
Parallel collaboration with cloud solution infrastructure is possible, enabling individuals to work together simultaneously without top-down or bottom-up communication. Different teams may work together and even remotely access the same data, making day-to-day chores easier and saving time.
Due to global digitization, customers’ behavior is also changing. Thus organizations need to evolve and adapt to this digital environment.
Companies should exploit the benefits of cloud computing to build robust digital transformation frames, and the cloud enables innovation by providing a compatible set of APIs for developers.
Cloud offers analytics, functional programming, and low-code platforms, which might be crucial to informed decision-making. This allows a corporation to launch company-ready products quickly.
Digital transformation is essential to make a difference in the competitive landscape, increase customer experience and usability, and innovate by boosting economic value.
To a Hybrid Cloud
Companies transition to a new one for their present public cloud model, use a hybrid cloud consisting of a cloud of private and public clouds to ensure compliance with regulations, guarantee data supremacy, cost optimization, and strengthen data security.
This allows businesses to integrate local systems with external cloud services to improve efficiency and operational performance; customers may also control on-site and public cloud applications. Applications and services can be delivered using a hybrid cloud.
In this new digital era, a business priority should be to be agile with the integration of new technologies and migrate to the cloud environment. Being in the cloud implies attaining integrated connectivity and intelligence, facilitating the interoperability of intelligent operations, and building a stable infrastructure for cloud-connected digital services.
Our Euro novate Group has the proper digital technologies to facilitate digital transformation and digital consultants that help businesses find the best solution for their needs.