5 Key Cost Benefits to Deploying a Public Cloud
A few years back, everyone was confined to software downloaded onto their personal computers or to a shared server in their office. This limited people to one location. With the advent and rise of public cloud computing, however, people can now access data and applications from anywhere in the world. All that is needed is an internet connection and a reliable public cloud service provider. It has led to a dramatic increase in productivity as people can now work from anywhere at any time.
Public cloud computing offers several benefits, such as flexibility, security, and near-unlimited scalability, to the businesses that opt for it. The most important one is that public cloud computing is the most affordable option of all cloud computing types (on-premises and hybrid cloud). Note that the public cloud can help businesses save money in numerous ways. Companies must learn to leverage cloud computing to lower overall spending and save more for critical business tasks. Let’s understand the key cost benefits of deploying a public cloud.
5 Key Cost Benefits of Public Cloud
#1 Electricity Costs: When businesses deploy a public cloud, they don’t have to use their computers’ processors as they would if they used traditional data storage methods. It saves up a large financial amount that otherwise companies have to pay as electricity bills. It could be the electricity bill of physical servers kept at their plant, the large set of computers and hardware that companies maintain, etc. In a nutshell, by deploying a public cloud, you don’t have to worry about huge electricity bills and save up money for other, more important business processes.
#2 Equipment Cost: One of the most significant cost benefits of deploying a public cloud infrastructure is hardware cost. Businesses that don’t yet rely on cloud computing tend to spend the largest chunk of their overall budget on purchasing and maintaining hardware/ equipment. However, the companies that have transitioned to the public cloud environment save a lot by moving all their data to a virtual, shared cloud space that a third-party provider manages.
#3 CAPEX Saving: The overall cost of deploying and maintaining a public cloud is much lesser than investing and maintaining its cloud counterparts, including private cloud (a.k.a. on-premise/ enterprise cloud), hybrid cloud, and community cloud environments. Thus, choosing a public will bring down the overall CAPEX (Capital Expenditure) for businesses looking to spend their savings on much more critical parts of the company.
#4 Security Cost: Today, security is one big concern for growing businesses, start-ups, and SMBs as cyber criminals are more active than ever and creative to come up with new, sophisticated ways to break into your networks. So, to stay secure, many businesses move to a private cloud or opt for fully managed security services. However, these two options can be pretty costly.
The public cloud is managed and provided by a third-party cloud hosting provider, who must get their services certified and licensed for optimum security. Hence, the public cloud is a safe option where you don’t have to spend much (or any added cost) to keep the cloud infrastructure secure.
#5 Scalability Cost: Businesses often struggle with scalability when choosing on-premise cloud infrastructure. Either they can’t increase their bandwidth right when they want, or they have to pay a lot to scale their storage from time to time. But when it comes to the public cloud, scalability is something you don’t have to worry about at all. You can scale as much and when it is required. In fact, businesses can opt for an unlimited storage option if their public cloud hosting provider offers that.
Try Ace Public Cloud as it provides a near-unlimited bandwidth as an option for cloud storage capacity, and helps the businesses scale as they grow!
More Than Just Cost Savings!
Clearly, public cloud hosting offers numerous cost advantages to the businesses that use it for cloud computing and data storage. The most significant cost benefit is the ability to scale capacity up or down as needed, which can help organizations save money on infrastructure costs. Public cloud computing also offers several more benefits other than cost over traditional on-premises hosting models, private clouds, and hybrid clouds.
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Public cloud hosting also provides greater flexibility and agility, as businesses can quickly provision new servers or delete servers as needed. Additionally, public cloud hosting helps companies to avoid investing in and managing their own IT infrastructure, which can be expensive and time-consuming. Instead, companies can rely on the service provider’s expertise to manage and maintain the infrastructure.
The performance of the public largely depends on your cloud hosting provider and whether their services are value for money. So, get the cost/benefit analysis for the cloud hosting provider before deciding. And once you get the right public cloud hosting provider, it’s a win-win situation regarding budget and performance.