Cloud Computing
According to the Canalys Cloud Channels Analysis report, Q4 2019 saw a new record for the cloud market as spending increased 37% to over US$30 billion. Around 61.4% of the market for cloud computing is controlled by the top 4 companies, with Amazon Web Services (AWS) dominating the list with 32%. Microsoft Azure now has a second-place market share of 18%, up from 15% in the same time last year. Alibaba Cloud came in second with 5%, Google Cloud came in third with 6%, and other suppliers took the remaining 38.6% of the market.
Cloud Computing services are changing how businesses and public institutions use information technology
The cloud market hit a new high in Q4 2019 thanks to spending that increased 37% to over US$30 billion, according to the Canalys Cloud Channels Analysis study. The top 4 cloud computing firms account for 61.4% of the market, with Amazon Web Services (AWS) dominating the list with 32%. With an increase of 3% (from 15%) over the same period in 2018, Microsoft Azure now has the second-largest market share (18%). With 6% of the market, Google Cloud is in third place, closely followed by Alibaba Cloud's 5%, while the remaining 38.6% is held by other providers. A cloud service platform that delivers computing power, apps, database storage, and other IT resources on demand through the internet is known as cloud computing. Simply said, it stores and analyzes information on a "pay as you go" basis through the internet. It allows businesses to use computing resources like virtual machines, storage, or applications on a utility basis. Public, private, and hybrid cloud computing services are all offered in three different configurations. In the public cloud model, it is made possible for a third-party cloud service provider to supply cloud services online. A hybrid paradigm combines private on-premises cloud computing with public cloud computing. Businesses can now use the private cloud to execute crucial workloads and apps, and the public cloud is used to manage cloud bursts. By preserving control over crucial data, the hybrid cloud aims to establish a unified, scalable, and automated environment. Internal users receive private cloud services from data centers. The private cloud keeps administration and control at the data centers while providing flexibility.
Here are some of the characteristics and benefits of cloud computing:
Self-service provisioning: The core of cloud computing is the ability for end users to instantly spin up resources for nearly any kind of workload. With minimal help from the cloud operator, it allows cloud users to choose services from a service catalog for provisioning.
Elasticity: It refers to the extent to which a system can adjust to variations in workload by providing and de-provisioning resources. This enables businesses to alter their computing requirements in accordance with their operational requirements. Consequently, there would be no need to make substantial investments in local infrastructure.
Pay per use: Users of this service can choose to only pay for the resources, services, and workloads that they really use.
Workload resilience: To ensure that workloads continue to execute across several global areas, cloud service providers frequently deploy redundant resources.
Migration flexibility: This enables businesses to transfer workloads automatically between different cloud platforms for greater cost savings.
Cloud Computing
A cloud service platform that delivers computing power, apps, database storage, and other IT resources on demand through the internet is known as cloud computing. Simply said, it stores and analyzes information on a "pay as you go" basis through the internet. It allows businesses to use computing resources like virtual machines, storage, or applications on a utility basis. Public, private, and hybrid cloud computing services are all offered in three different configurations. In the public cloud model, it is made possible for a third-party cloud service provider to supply cloud services online.
