The market for cloud computing is growing, with an estimated value of $545.8 Billion in 2022. The increased cost savings, changing market conditions, and the high return on investment are some reasons why businesses use cloud computing services to store their data online.

So, how do you determine which cloud computing service is the most suitable for your business? It can be classified into three types; public, private, and hybrid cloud.

Let’s learn more about them.

Public Cloud

Public cloud computing enables a business to share data with various people and organizations over the internet. It is provided by a third-party vendor, such as Google or Amazon, in exchange for a small fee on a per-usage basis. Some examples of public cloud services include Google Drive and Amazon Web Services (AWS).

Here are some features of a public cloud.

  • High scalability and flexibility as businesses can store and access high volumes of data quickly.
  • Low costs as businesses don’t have to invest in hardware or software.
  • Provides a wide range of tools and services that businesses can use to develop and deploy their applications.

Private Cloud

A private cloud stores data accessible to users within one organization. An in-house IT team or data center maintains and operates this cloud infrastructure owned by the company. One example of a private cloud is Azure Stack.

Some features of a private cloud include:

  • Higher security, control, and customization abilities help businesses tailor infrastructure
  • High cost of investment in infrastructure, hardware, and software
  • Professional skills, expertise, and resources to manage and maintain the infrastructure

Hybrid Cloud

The combination of a private and public cloud is known as a hybrid cloud. This cloud computing service enables businesses to use both public and private clouds for different objectives and purposes.

A company may use a public cloud for day-to-day tasks and data such as emails and collaboration tools. However, it may also require a private cloud for confidential and sensitive data, such as financial or personal information. An example of a hybrid cloud is Google Anthos.

Here are some features of a hybrid cloud.

  • Provides high workload diversity, greater flexibility, and increased scalability than other clouds
  • Offers high security and control for private cloud computing
  • Enables businesses to utilize the cost savings of public cloud computing for day-to-day workloads

An image of employees working at an office Choosing Cloud Storage For Your Business

The most suitable type of cloud computing for your business will depend on your business’s objectives.

Public cloud computing is suitable for startups or small businesses that want to save costs and need higher scalability and flexibility,

Private clouds are ideal for businesses that need higher security, control, and customization.

Lastly, businesses that require all the above features for different business objectives and a combination of sensitive and non-sensitive workloads can opt for hybrid cloud computing.

For more information on cloud computing services, contact us now. Our professionals can suggest cloud computing security and services most suitable for your business. Book a consultation now.