What are the benefits of cloud computing?
Businesses love the cost-saving and efficiency of cloud computing, which extends to help businesses transition their IT expenditure from Capex to Opex. Let’s explore some of the other benefits of virtualisation through cloud computing below:
Faster speed to market: Cloud Computing drastically reduces the time it takes for development and deployment. This is because the cloud environment provides an infrastructure as a service model, eliminating many of the processes involved in standard on-premises solutions, including IT setup and configuration, which can take months or years before they’re ready for launch.
The ability to create innovative business offerings: With cloud, businesses are no longer limited by the size of their capital investment. Instead, they can use more cost-effective solutions that offer high computing capabilities on-demand to quickly alter business offerings to meet the customer’s ever-changing demands.
Scalability: Cloud environments not only allow you to scale your IT infrastructure in minutes, but they also enable a company’s IT team to take on more projects with the same budget. Cloud allows for a company’s IT resources to be applied in different areas, and it does not require teams to start from scratch each time they have a new project.
Cost-effective Solution: Cloud adoption provides a cost-effective solution that can be activated on-demand, so there is no need to overinvest in hardware and software upfront.
With multiple disruptions to cloud computing over the past twenty years, prices have drastically reduced. Twenty years ago, one small application may have been run on an expensive $25,000 server. Today, however, this same application could run on a $5,000 server shared with other apps.