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The Business Benefits of Cloud Infrastructure in 2021

velikachuprina profile image Roman Chuprina ・2 min read

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In the latest article by SPD Group you will find out why having a Cloud Infrastructure is crucial to your organization in 2021. We will look at the most popular Cloud deployment models and will break everything down for you to understand the basics of Cloud Computing for business!

With technological advancements, the rising power of computing capabilities, and the availability of broadband internet, Cloud computing can help businesses improve their internal processes, get better results and, ultimately, increase the bottom line. Cloud computing refers to an interaction between one or multiple devices and a common Cloud storage space that is connected through a network. The roots of this concept can be traced to 60 years ago, when the earliest prediction was made:

“Computing may someday be organized as a public utility, just as the telephone system is a public utility”
— Professor John McCarthy

It took a very long time for this concept to become popular, but in 2006, when Amazon re-introduced Amazon Web Services (AWS) and presented Elastic Compute Cloud, Cloud Computing really took off. Now, over 90% of enterprises use Cloud service models, and according to the study by Fact and Factors Research, the global Cloud Computing Market has already exceeded the USD 300 billion mark! What does this mean for businesses in 2021? How can organizations leverage Cloud technology for maximal advantage? How can organizations benefit from choosing the right Cloud service model and Cloud deployment model? What do organizations need to do to calculate the cost of Cloud migration for them? We will answer these questions and many more in this article and share some real-world experience of SPD Group!

What is Cloud infrastructure?
For businesses in almost any industry, this revolutionary trend opened the possibility to choose between providers such as Amazon Web Services, Microsoft Azure, or Google Cloud and get a flexible Cloud infrastructure with modern computing capabilities, networking speed, and storage space. This means that organizations don’t need to buy and maintain the latest hardware devices and maintain their own data center in-house anymore—instead, they can spend their resources on other important strategic goals.
The exact definition of Cloud infrastructure may differ according to different sources, but we can say that it has, but not limited to, a combination of several main components:

  • Servers
  • Software
  • Network devices
  • Storage resources

These components are crucial to building applications that can be accessed via the Cloud. There are three parts of the Cloud infrastructure that interact with each other and create the Cloud service: Computing, Networking, and Storage.

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