Benefits Of Cloud Computing
What Is Cloud Computing?
Cloud technology is helping businesses and people weather the ongoing storm caused by the global pandemic. Cloud is becoming a top C-suite agenda item as businesses are transitioning from a piece-meal approach to a more holistic end-to-end digital transformation with Cloud at its core. The winners of tomorrow will be the ones that navigate this change rapidly, make the right choices and engage with the appropriate partners to augment their own capabilities.
Cloud is a model of computing where servers, networks, storage, development tools, and even applications (apps) are enabled through the internet. Instead of organizations having to make major investments to buy equipment, train staff, and provide ongoing maintenance, some or all of these needs are handled by a cloud service provider.
How Cloud Based Services Work?
Cloud based services have several common attributes:
Virtualization – Cloud computing utilizes server and storage virtualization extensively to allocate/reallocate resources rapidly.
Multi-tenancy – resources are pooled and shared among multiple users to gain economies of scale.
Network-access – resources are accessed via web-browser or thin client using a variety of networked devices (computer, tablet, smartphone).
On demand – resources are self-provisioned from an online catalogue of pre-defined configurations.
Elastic – resources can scale up or down automatically.
Metering/chargeback – resource usage is tracked and billed based on service arrangement.
Is The Cloud Secure?
Security plays an important role in cloud technology and providers take it extremely seriously.
There are a few key things companies can do to minimize cloud security risks.
Define new security policies and procedures. The procedures you have already most likely don’t address cloud infrastructure.
Configure to the appropriate framework. Make sure the cloud environment is automated and configured in a way that’s compliant with the security framework relevant to industry and country regulations.
Identify the relevant controls needed to monitor policies and procedures to make sure they are compliant on an ongoing basis.
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