What is Cloud Computing & Why is it Important? | Accenture (2024)

We've established that most of us are already using cloud technology in some form or another. But where does all this data actually live and who runs it?

Cloud computing can be deployed in different ways depending on what services a business needs. The first thing to consider is the deployment model—public cloud, private cloud, hybrid cloud, and multi-cloud. The next element is the service category—Saas (Software as a Service), Paas (Platform as a Service) and Iaas (Infrastructure as a service). When a company is considering itscloud migration strategy, it must consider both factors. Here's a primer on how they work and what they mean for your business.

Deployment models

Public Cloud
Connecting to a public cloud means using an internet connection to access computing resources hosted on data centers managed by a third-party cloud service provider, rather than owning and maintaining these resources on-premise. A shared public cloud has many organizations (or tenants) sharing the same infrastructure.

The largest cloud service providers with data centers that enable massive scaling are called hyperscalers. The big four hyperscalers, collectively referred to as MAAGs, are:Microsoft (Azure),Amazon (Amazon Web Services or AWS),Alibaba (Alicloud), andGoogle (Google Cloud). Other cloud providers includeIBMandOracle.

Private Cloud
This cloud model is great for organizations concerned about sharing resources on a public cloud. It is implemented on servers owned and maintained by the organization and accessed over the internet or through a private internal network.

A private cloud environment gives you complete control over data and security in order to meet specific regulatory and other compliance requirements (e.g., HIPAA for healthcare, GDPR, GxP for Pharma, etc.).

Hybrid Cloud
Many organizations actually use a combination of several cloud environments. This is referred to as a hybrid cloud approach. Hybrid cloud often includes a combination of public cloud and private cloud, frequently in combination with some on-premise infrastructure. To create a true hybrid cloud architecture, you must set up communication or orchestration between the various deployments.

Hybrid cloud eliminates reliance on any single cloud provider and allows for additional levels of flexibility in terms of capabilities, security compliance, etc.

In the past, choosing a hyperscaler meant pickingpublic over private. This is no longer the case. To support regulatory, performance, and data gravity requirements, the hyperscalers are now offering private cloud carveouts in public environments.VMware on AWS(VMC),Azure VMware Services (AVS), andGoogle’s SAP,OracleandBare Metalsolutions are good examples. Similarly, the hyperscalers have been working on private cloud extensions. This blurring of public and private under a hybrid cloud umbrella is likely to accelerate in the future. Over time, we will no longer see a delineation between "public" and "private" but instead, between "dedicated" and "shared."

Multi-cloud
A multi-cloud approach is a particular case of hybrid cloud in which an organization uses services from multiple public cloud providers.

Service categories

Software as a Service (SaaS)
SaaS is the most commonly used cloud application service and is becoming a dominant way for organizations to access software applications.

With SaaS, an organization accesses a specific software application hosted on a remote server and managed by a third-party provider. On a subscription basis, the application is accessed through a web browser, reducing the need for on-device software downloads or updates. Popular SaaS products includeSalesforce,Workday, orMicrosoft Office 365.

What is Cloud Computing & Why is it Important? | Accenture (2024)

FAQs

What is Cloud Computing & Why is it Important? | Accenture? ›

Cloud computing is an integral aspect of any computer service. It helps in the delivery of storage, database, software, analytics, networking, and intelligence over the internet or "cloud" for backup storage. It also facilitates flexible resources and economies of scale.

What are the 5 benefits of cloud computing? ›

Benefits of Cloud Computing
  • Faster time to market. You can spin up new instances or retire them in seconds, allowing developers to accelerate development with quick deployments. ...
  • Scalability and flexibility. ...
  • Cost savings. ...
  • Better collaboration. ...
  • Advanced security. ...
  • Data loss prevention.

What is the main importance of cloud computing? ›

Today, cloud technology means that companies can scale and adapt at speed and scale, accelerate innovation, drive business agility, streamline operations, and reduce costs. Not only can this help propel companies through the current crisis, it can lead to increased, sustainable growth.

What is cloud computing in simple words? ›

Cloud computing is the delivery of different services through the Internet, including data storage, servers, databases, networking, and software. Cloud storage has grown increasingly popular among individuals who need larger storage space and for businesses seeking an efficient off-site data back-up solution.

Which of the 7 benefits of cloud computing is the most important? ›

Anywhere, Anytime Accessibility Using Any Device

One of the topmost advantages of cloud computing is its ability to provide anytime, anywhere accessibility using any device for example, cloud data warehouse provides a way of storing and managing large amounts of data and lets you quickly access and use your data.

What are 3 main uses of cloud computing? ›

Here's how organizations are putting cloud computing to work to drive business value.
  • Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) ...
  • Software-as-a-Service (SaaS) ...
  • Hybrid cloud and multicloud. ...
  • Test and development.
  • Big data analytics.
  • Cloud storage. ...
  • Disaster recovery and data backup.
Aug 1, 2022

What are the 3 common reasons to use the cloud? ›

Why use the cloud?
  • File storage: You can store all types of information in the cloud, including files and email. ...
  • File sharing: The cloud makes it easy to share files with several people at the same time. ...
  • Backing up data: You can also use the cloud to protect your files.

What is the most important feature of cloud computing? ›

Self-service On-Demand

This is one of the most essential and significant characteristics of cloud computing. This means that cloud computing enables clients to regularly monitor the abilities, allotted network storage, and server uptime.

Why cloud computing is the future? ›

With cloud computing, businesses can now access powerful computer resources without having to invest in their own hardware. This has given them a major competitive advantage, as they can scale up their operations quickly and easily without having to make a large upfront investment.

How cloud computing has changed the world? ›

Millions of people today work remotely, thanks to cloud computing technology. With several tools that allow integrated emails, document collaboration, video-conferencing, and instant messaging, cloud computing has helped businesses establish a work-life balance with improved productivity.

What is an example of cloud computing? ›

Dropbox, Google Drive, and Amazon S3 are the most popular online storage that can keep our files readily accessible anytime, anywhere. They are the cloud computing examples that us take our data with us as long as we have the Internet connection to access them.

What are the 4 types of cloud computing? ›

The main three types of cloud computing are public cloud, private cloud, and hybrid cloud. Within these deployment models, there are four main services: infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS), and serverless computing.

What is an example of a cloud? ›

Cloud Computing Examples
  • Software-as-a-Service (Saas): Salesforce.
  • Infrastructure-as-a-Service (Iaas): DigitalOcean.
  • Platform-as-a-Service (Paas): AWS.
  • File Sharing and Data Storage: Dropbox.
  • Big Data Analysis: Civis Analytics.
  • Data Governance: Carbonite.
  • Cybersecurity: Forcepoint.

What is 1 benefit of cloud computing? ›

Cloud computing is greener

By moving to the cloud, businesses can reduce their energy consumption and carbon footprint by up to 90%. Rather than having in-house servers and software, businesses can use cloud-based services to access the same applications and data from any computer or device with an internet connection.

How does cloud computing work? ›

Cloud computing works by having companies host or maintain massive data centers that provide the security, storage capacity and computing power to support cloud infrastructure. Clients pay for the rights to use their clouds along with an ecosystem to communicate between devices and programs.

What are 3 benefits of a company using the cloud? ›

Benefits
  • High availability, even in the event of a natural disaster.
  • Your business can rent space on servers that you are able to manage remotely.
  • Ease of backups.
  • Ease of scaling server size and disk space (rapid elasticity).
  • Choice of data allowances.
  • Pay only for what is used.
  • Remote technicians at the provider.
Feb 28, 2023

What are the 5 essential characteristics of cloud computing with examples? ›

The National Institute of Standards Technology (NIST) lists five essential characteristics of cloud computing: on-demand self-service, broad network access, resource pooling, rapid elasticity, and measured service.

What are the pros and cons and benefits of cloud computing? ›

Below we list pros and cons of this not-so-new technology.
  • Advantage #1: Disaster Recovery (DR) ...
  • Advantage #2: Access your data anywhere. ...
  • Advantage #3: Low cost. ...
  • Advantage #4: Scalability. ...
  • Advantage #5: Security. ...
  • Disadvantage #1: Lack of total control. ...
  • Disadvantage #2: Difficult to migrate. ...
  • Disadvantage #3: Requires Internet.

What are the 4 benefits of using the cloud for data storage? ›

The benefits of cloud storage
  • Accessibility and redundancy. ...
  • Data security. ...
  • Ability to collaborate on documents and files. ...
  • Scalability. ...
  • Cost and resource savings. ...
  • Compliance with legislation and regulations for storing data. ...
  • Archives and backup data.

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