What is Cloud Computing?

Learn what cloud computing is, its benefits, service & deployment models. Discover how LumenData empowers businesses with cloud & analytics solutions.

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Cloud Computing

Cloud Computing refers to the delivery of computing services, including storage, servers, networking, software, databases, and analytics, using the internet, rather than local hardware. You no longer need to invest in and maintain potentially expensive local infrastructure. Instead, you ‘rent’ the resources you need from vendors like AWS, Microsoft Azure, Google Cloud, IBM Cloud, or Salesforce. 

This ‘on-demand’ service allows you to access the technology you need, when you need it, and you only pay for the resources you consume. Cloud computing fundamentally changes technology from a capital investment to a flexible utility.

Cloud computing transforms technology from a capital investment into a flexible utility. Much like electricity, you don’t have to generate it yourself; you simply plug in and consume resources at scale.

Benefits of Cloud Computing

Cost Savings

Cloud platforms remove the need for heavy upfront investment in servers, storage, & data centers. Shift to a pay-as-you-go model & reduce waste associated with unused capacity.

Scalability & Flexibility

Your old IT systems probably struggle when demand suddenly surges. Cloud computing allows resources to be scaled up and down in minutes.

Speed to Market

Cloud service vendors provide you with pre-configured & instantly available services that enable you to leverage developer tools, automation, & services.

Global Reach & Accessibility

Cloud services are available via data centers across the world. This means your teams across many geographies can access the same applications with low latency which can improve collaboration and customer experience.

Reliability & Security

Leading providers invest substantially in backup, disaster recovery, and security frameworks. There is less exposure to downtime or data breaches. You get more reliable and durable solutions than your in-house systems.

Types of Cloud Computing

Cloud computing can be understood across two dimensions: service models and deployment models. Service models are what you consume, and deployment models are how you consume cloud computing.

Service Models

Deployment Models

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