Cloud Computing – Benefits And Disadvantages Of This Technology
As a trend turns into a mainstream function, it’s usually due to the many benefits that it offers. Cloud Computing is one such concept that’s been gaining immense popularity.
A recent study, printed by Forbes predicts that by the year 2020, 83% of business-related data will be stored in the Cloud.
But before you begin transferring all your data to a remote server on the internet, let’s analyze both sides of this coin. Here are the main advantages and disadvantages of cloud computing for your business or personal use:
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Benefits Of Cloud Computing
Converting to cloud can save on equipment and personnel costs.
It’s Cheaper
This is, by far, the most common reason for companies abandoning on-premise storage technologies and opting for the cloud. Physical hardware is expensive to purchase and maintain. Converting to cloud can save on equipment and personnel costs. Added to this, cloud storage works on a pay-per-use basis which turns out to be more profitable.
It’s Abundant
The offering is unlimited storage capacity so businesses and their expanding data needs will always be supported via cloud storage. As technology advances, there will be newer and more innovative ways to store, making cloud conversion is a sound long term idea.
It’s Up-To-Date
Cloud computing is an emerging technology that is continually improving. One need not get into software updates and adopting newer tech. Your cloud storage provider will take care of all installations. This not only saves you time and money but also offers a distinct advantage over competition, especially in a professional scenario.
It’s Easily Accessible
Any member of your team or client base may access data in the cloud from anywhere in the world, at any time, with ultimate ease. Being connected to the internet is the only criterion. Cloud storage also allows secure and effortless collaboration across geographies.
Disadvantages Of Cloud Computing
Loss Of Control
There is potential risk in storing confidential data on the cloud.
The remote servers on which cloud storage capabilities work are managed by the ones providing the service. One is either at the mercy of the internet or then the cloud computing company that’s hosting for you. This can result in occasional situations of lessened control over deployments owing to delays by the service providers or slow internet speeds. Sometimes, there is power loss or downtime due to data Centre maintenance that is inevitable and can be frustrating. Due to the shares resource model, increased usage by others on the same server or DDOS attacks can hamper performance.
Loss Of Security
There is potential risk in storing confidential data on the cloud. Cases of data theft or breaches in security do occur and one needs to be prepared for such events. Ensure your service provider utilizes advanced security measures and hope for the best.
No Back-Up
Though rare, data on the cloud can get lost or damaged. There is no back-up to cloud storage but one can invest in a redundancy option at an extra cost. For highly private or privileged data, on-premise storage is recommended. A combination of cloud-based infrastructure and a few on-ground servers is the ideal way to proceed.
Limited Bandwidth
Since most cloud service providers handle an array of clients, bandwidth usage is limited for each. One may experience slower speeds and exceeding limits can cost a bit.
Hence, since there are almost an equal amount of pros and cons to Cloud Computing, converting to cloud storage requires some consideration before taking this step.