Cloud computing is a reference to computing resources, (like software or hardware) that exist on computers that are at distance from the user, and are delivered and employed by end users as a service over a network like the internet. It is now evolving like never before, with companies of all shapes and sizes adapting to this new technology. Industry experts believe that this trend will only continue to grow and develop even further in the coming few years.
Below is the list of advantages of disadvantages of cloud computing, with a view to helping such establishments fully understand the concept of cloud computing:
Advantages of Cloud Computing are:
- Cost Efficient: Traditional desktop software costs companies a lot in terms of finance. Adding up the licensing fees for multiple users can prove to be very expensive for the establishment concerned. The cloud, on the other hand, is available at much cheaper rates and hence, can significantly lower the company’s IT expenses. Besides, there are many one-time-payment, pay-as-you-go and other scalable options available, which makes it very reasonable for the company in question.
- Scalability: Storing information in the cloud gives you almost unlimited storage capacity. Hence, you no more need to worry about running out of storage space or increasing your current storage space availability. As your business grows, your available space on the cloud grows with it. There is no need for additional investment.
- Back-up and Recovery: Your data on the cloud is backed up continuously on multiple servers. It's virtually going to be there whenever you want or need it.
- Automatic Software Integration: In the cloud, software integration is usually something that occurs automatically. This means that you do not need to take additional efforts to customize and integrate your applications as per your preferences.
- Quick Deployment: Once you opt for this method of functioning, your entire system can be fully functional in a matter of a few minutes. Of course, the amount of time taken here will depend on the exact kind of technology that you need for your business.
Disadvantages of Cloud Computing are:
- Security: Before adopting this technology, you should know that you will be surrendering all your company’s sensitive information to a third-party cloud service provider. This could potentially put your company to great risk. Hence, you need to make absolutely sure that you choose the most reliable service provider, who will keep your information totally secure.
- Technical Issues: Be aware of the fact that this technology is always prone to outages and other technical issues. Even the best cloud service providers run into this kind of trouble, in spite of keeping up high standards of maintenance. Besides, you will need a very good Internet connection to be logged onto the server at all times. You will invariably be stuck in case of network and connectivity problems.
- Prone to Attacks: Storing information in the cloud could make your company vulnerable to external and threats. As you are well aware, nothing on the Internet is completely secure and hence, there is always the lurking possibility of stealth of sensitive data.
Like everything else, cloud computing too has its pros and cons. While the technology can prove to be a great asset to your company, it could also cause harm if not understood and used properly.