Benefits of public, private and hybrid clouds

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Categories: Accounting software, Acumatica Cloud ERP, Cloud, ERP, News
April 11, 2016

Businesses of all sizes are beginning to look more at the cloud. The cloud offers an Internet-based platform for storing and utilizing an array of software applications. Businesses are drawn to the cloud for the disaster recovery features, the universal access, and the low cost of ownership. Yet, switching to the cloud can be confusing, given the multiple platforms available and complex jargon surrounding it. With the public, private, and hybrid cloud to choose from, which option is ideal for your business?

cloud-man

The cloud offers global access to all of your software applications.

The public cloud offers a cost-effective solution

The public cloud is currently the most popular choice among enterprises, with 88% utilizing at least some public cloud applications. A public cloud is a cloud that service providers utilize to make services and software applications available to the public. It offers a number of advantages to enterprises including:

  • An inexpensive option for accessing software applications that are managed by a third-party provider.
  • Easy and efficient to adopt, as enterprises simply need to create an account and pay a monthly fee in order to access applications in the public cloud.
  • You pay only for what you use, making it cost-effective and resourceful.
  • It is highly scalable, making it a good option for rapidly growing businesses.

The public cloud offers a cost-effective method of accessing a variety of software applications while making it more efficient to manage and scale than on-premises software.

Utilize the private cloud for optimal privacy

Though less popular than the public cloud, the private cloud still has a relatively high adoption rate, being utilized by about 63% of companies. The private cloud allows enterprises to store and manage a variety of different software applications. However, unlike the public cloud, a private cloud is intended to be utilized solely by a single organization. Rather than being managed by a third-party provider, it’s often managed internally.

Since it’s managed internally, it requires a large initial investment, while necessitating onsite data centers to manage the cloud. It’s also difficult for businesses to build a cloud that offers the same level of capacity that’s achieved with a public cloud, which can limit scalability. On the other hand, the private cloud offers unparalleled security, which for many industries, is an indispensable trait. If your business relies on retaining sensitive customer data, the private cloud is your best option for keeping their information safe.

Management connecting with a super secure cloud by touch. Countless closed lock icons combine to shape the virtual cloud. Technology metaphor for corporate IT security privacy and cloud computing.

The private cloud is unique to an organization
and can provide added security.

Hybrid clouds unite private and public clouds

The hybrid cloud is growing in popularity, now being utilized by 82 percent of businesses, which is an increase of eight percent since 2014. A hybrid cloud is exactly as it sounds. It combines the public and private cloud, offering businesses with the benefits of each. The hybrid cloud is growing in popularity because it allows businesses to access the isolation and security of the private cloud while enjoying the scalability and cost-efficiency of the public cloud.

Many businesses have heard of the benefits the cloud can offer their company, but it can be difficult to know where to begin. The cloud is a complex topic to many, and differentiating between private, public, and hybrid clouds has led to a lot of confusion. While all of the clouds offer their unique benefits, public and hybrid clouds have continued to boast higher adoption rates, due to being easier and cheaper to implement than a private cloud.

Maximize the efficiency and scalability of the cloud in your enterprise with an enterprise resource planning system. Contact us to learn about our cloud-based CRM and ERP software applications that can reduce the cost of ownership for your business.