How Are the Cloud Business Models Increasing Enterprise Efficiency During COVID-19?

Cloud computing is fast emerging as an innovative and consumer-driven advantage that is drawing exceptional attention from enterprises,How Are the Cloud Business Models Increasing Enterprise Efficiency During COVID-19? Articles tech innovators, and also the ‘connected’ public at large. The transition from information technology, to a more assertive focus on business development, moreover reinforces the predicament for cloud adoption. This is why enterprises, both big and small, need to apprehend the potential of the cloud and thoroughly exploit this impressive technological advance.

There are two types of cloud models:

Service models are classified based on the different services provided by the cloud, whereas deployment models are categorized based on how and by whom the cloud services are used.

The Cloud Service Models are mainly classified into 3 types:

IaaS (Infrastructure as a Service)
PaaS (Platform as a Service)
SaaS (Software as a Service)

Deployment models include:

Public cloud
Private cloud
Community cloud
Hybrid cloud

The Cloud Computing IT benefits for enterprises and organizations include:

Reduction in expenses related to delivering IT services and, therefore diverting such resources to other prioritized activities such as integration of services
Management responsibilities are thoroughly reduced, hence, allowing key personnel in the enterprise to focus more on innovation and production
Expanded business coordination and scalability, thus, empowering enterprises to accurately meet the demands of changing environments

The Evolution Of Cloud Technology

In the early 1970s, IBM came up with an innovative operating system (OS) named VM. This allowed for the simultaneous operation of more than one OS. Guest operating systems can be operated on every VM, with memory and other infrastructure, therefore making it feasible to share these resources. This evolved as the concept of virtualization in computing which has become popular. In the 1990s, telecom operators implemented the virtualized private network connections, which were offered a very good quality of service with point-to-point (dedicated) services at a very lesser cost. This technology has helped telecom companies to offer shared services to many users with a single physical infrastructure. This virtualization, in turn, led to Grid computing, which allowed major issues to be addressed via parallel computing; utility computing facilitated computing resources to be offered as a metered service and SaaS allowed subscriptions.

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