Embracing cloud technology is no longer a choice but an inevitable business move. However migrating to cloud is not an easy step to implement. It requires an in-depth analysis starting from choosing the apt cloud platform for your business needs.
With a lot of options available in the market it is really hard to narrow down on the perfect cloud solution for your business. Private cloud and public cloud both have their own pros and cons. Let us take a closer look at both the models and assess which one is best for your organization.
Private Cloud versus Public Cloud
Cost is one of the major considerations while deciding on the type of cloud to render. Public cloud is cheaper compared to private cloud as it does not involve any capital expenditure. In a public cloud, you pay only for what you need whereas private cloud needs a heavy budget for hardware, software and a staff to maintain it. For SMBs it is advisable to go for public cloud while for larger organizations having huge budget private cloud would be a cheaper option than renting a lot of public cloud resources.
In a private cloud, you are aware of where your organization’s sensitive information is being stored. You have full control over the IT infrastructure, security, hardware, compliance, failover algorithms and servers. The servers can be secured behind powerful firewalls. In a public cloud, signifies the exchange of your physical data. Even in case of any server damages at the company premises, the data is always retained in the public cloud. Many companies choose public cloud for this reason. You need to collaborate with the cloud provider to reach the security standards you wish to have for your data.
In a public cloud you don’t have to maintain anything as it will be the cloud provider’s responsibilities. So you don’t have to worry for any updates. While in case of private cloud, on-site cloud maintenance is totally on your shoulders. You are responsible for maintaining power backup, sufficient cooling and other such protections.
In a private cloud you have complete control over all the hardware and virtual servers. Also you will have full control over the failover plans in case of any server failures or when a server experiences heavy loads. In contrast, public cloud provider will be having full control or the hardware, virtual servers and failover plans in public clouds.
In summary, if you have limited funds and your business is widespread across the globe, public cloud is your best bet. There are many reliable public cloud providers in the market from which you can pick the one best suited for your business. While if you have sufficient funds and want a complete control over security, failover plans and hardware private cloud is your best bet.