Effective use of cloud resources to spur business growth
Effective use of cloud resources to spur business growth
Cloud services provide many benefits to business, including reduced upfront costs and [options to] "pay-as-you-use". They allow a company to accelerate it's innovation efforts without extensive initial investments in IT hardware and software.
Ouh Eng Lieh
In brief
- On-premises cloud deployment (Private Cloud) allows cloud resources to be used exclusively by one organisation. While more secure, it is also more expensive to run and maintain.
- Off-premises cloud deployment (Public Cloud) allows cloud resources to be used by multiple organisations using cloud resources operated by a third party. This solution is cheaper than the private cloud but has security concerns that come with it.
- Hybrid Cloud services are the best of both worlds because they combine private and public clouds, giving organisations greater flexibility. However, while it shares the advantages of both public and private clouds, it also shares their disadvantages.
The variety and delivery of cloud services have been improving over the years. More and more businesses have started to adopt these services to reduce upfront and ongoing costs and enhance business efficiency. However, there remain many considerations and deployment possibilities which a business must take into account before deciding to take up cloud services.
In this podcast, Assistant Professor Ouh Eng Lieh from the SMU School of Information Systems discusses his ongoing service profitability research on the factors and considerations that enable consumers to make informed decisions on cloud services adoption.