Everyone has heard of cloud technology but how many people really know the ins and outs of it? For instance, there are several types of cloud technology available to organisations: public cloud; private cloud; multi-cloud; hybrid multi-cloud and hybrid cloud.
For those of you unaware, private cloud is a method of cloud computing provisioned over private infrastructure for the use of one organisation. Generally, private cloud is managed by internal resources, it can also be on dedicated infrastructure inside a third-party cloud provider’s infrastructure.
To make it easier in deciding which path to take when implementing cloud technology in your organisation, here are the top five benefits of private cloud:
- Efficiency and control
As an organisation’s private cloud is hosted on-premise or in a segregated environment within a third-party data centre, this allows for greater control over IT infrastructure. If you notice a problem, you can easily make adjustments to have a direct impact on efficiency. You can easily monitor infrastructure and processes to maximise efficiency and predict problems before they happen.
Every organisation is different, which is why it makes sense that there is not just one perfect solution. Private cloud can be customised for a bespoke fit, perfectly matched to an organisation’s requirements. This means you can confidently deploy infrastructure matched to achieving your business goals.
With regulations to comply with growing, IT has become a great enabler, while also becoming a great pitfall if not implemented correctly. Luckily, private cloud environments can be deployed purposely, with specific conditions in place. So, whether you’re a financial services company that needs to encrypt PAN numbers or a mortgage provider who needs data residency and retention guarantees – you can ensure you’re covered!
Public cloud utilisation means sharing resources with other organisations, private cloud utilisation means using infrastructure no other company has access to. This brings about a whole new level of security. Tying into compliance, meeting the levels of security demanded in virtually all industries nowadays is not easy, but utilising private cloud could help you along the way to achieving that required security status.
When correctly implemented, private cloud can effectively slash TCO compared to public cloud. This is due to the unexpected charges that come with public cloud. As more and more organisations are finding out, the cost of data movement is not always planned for in a public cloud cost model, leaving organisations paying far more than expected. Running on a stable cost model provided by a private cloud can reduce average costs by up to 40%.
Out of the many different cloud computing methods, private cloud is without a doubt a solution with its merits. It can be cost-effective, secure, flexible, and efficient – when properly implemented.