If you are wondering what a private cloud server is, and how it differs from a public cloud, here’s the answer.
At present, numerous types of organizations enjoy the benefits of cloud computing, and the hype swirls around the ones that are considering adopting cloud computing as well. However, in order to benefit from cloud computing, organizations must have sound knowledge about it and make several important decisions.
When adopting cloud storage, the first step to follow is deciding what kind of cloud environment to pick. While some organizations work with reputed public cloud storage providers, many opt for private cloud.
Let’s look into what contrasts them.
Cloud refers to storing and accessing data and programs over the internet instead of on the hard drive of your computer. The servers that store data and run programs are hosted by a cloud service provider.
This is the common method that is often used in outsourcing. Using a public cloud is a way to do computing where IT-enabled facilities are made available to customers outside of the company. In public cloud storage, the data of multiple organizations are hosted by the same physical server.
This is an isolated and secure environment that is customized or specially created for you, using resources pooled from multiple servers using virtualization. Private cloud services are offered on a monthly lease basis. Compared to public clouds, these are more flexible, cost-saving, safe, and come with a number of additional benefits.
Even though public cloud services are provided by many organizations, it is commonly known that private cloud services carry more benefits to the users. Here are 5 reasons to pick a private cloud facility:
Most of the benefits of cloud services are delivered by virtualization technology. It provides private cloud users with improved resource utilization that makes it possible to deploy workloads to different physical servers as demand changes. Through this, resources that are dedicated to a particular server can also be adjusted to meet the shifting demands of any specific application.
The enhanced flexibility and improved resource utilization ensure cost reduction by making the best use of the servers. In this way, a private cloud environment saves more money than a public cloud environment when it comes to the context of heavily regulated industries like the finance industry.
Considering the fact that public cloud users have to wait until the bill arrives to find out about hidden charges like network bandwidth, many prefer to opt for a private cloud service. Furthermore, many users even suggest that paying an extra 10% or less for a premium service is well worth it when thinking about the additional benefits of private cloud services.
For users who expect a high level of privacy and security from their cloud, private cloud services are well-recommended. Even though any cloud environment requires a robust antivirus mechanism and firewall protection, a private cloud is safer as it is assessed through private and secure network links that are hosted by certain limited servers rather than common multi-tenant ones.
Service providers who offer hosted private clouds help address significant compliance elements such as HIPAA Compliant and PCI Compliant Hosting. This attracts organizations towards private cloud services for reasons apart from security and control benefits. In fact, many organizations have only a little choice but to opt for private clouds to gain the best advantages of cloud computing while maintaining regulatory compliance.
It is widely known that public cloud services are not as flexible as private cloud services as they cannot be customized according to the accurate requirements of specific organizations. Therefore, it is advised for heavily regulated organizations to always choose a private cloud service that tallys with their operational requirements, over a public cloud that is less flexible.
Cloud services provide economies of scale, improve operational efficiency, and deliver cost savings. It is evident that the majority of organizations are in need of cloud support. The Monetary Authority of Singapore (MAS) considers cloud services rendered by service providers as a form of outsourcing. Thus, MAS has presented a set of TRM guidelines for financial institutions when adopting cloud services as a public cloud risk management strategy.
The guidelines include recognizing developing trends and the emergence of data hyper-scale platforms like Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure and the need for financial institutions to take full responsibility for securing their data and privacy when using public cloud services.
At NEX CorporateIT we offer excellent cloud services and we proudly inform you that our cloud environments are highly efficient and well-secured. Our cloud services align with the MAS Cloud Services (the recent TRM guidelines implemented by the Monetary Authority of Singapore) in support of financial institutions.
We have provided our services to a great number of reputed financial institutions during our journey as a trusted outsourcing company, and our cloud services are highly customizable and easily scalable. As a leading cloud service provider in Singapore, we stand ready to handle your business data and programs with trusted hands, meeting all your security needs.