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In: Operations Management

Q2: Discuss the four types of Cloud Computing and five benefits of Cloud Computing. Discuss with...

Q2: Discuss the four types of Cloud Computing and five benefits of Cloud Computing. Discuss with examples.

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Expert Solution

The computing that is based on resource sharing is considered as cloud computing. It allows various functions over the internet and allow various applications to work according to it. The four types of cloud computing are-

Public Cloud-
This kind of network is open to the general public. it can be owned , managed or controlled by government, an organisation, academic organisation or can be a combination of two or more. It is used to target large number of consumers. Some public clouds are free and since the cost is shared by many users so there are economies of scale. example- Amazon Elastic Compute Cloud (EC2)

Private Cloud-
This is also known as internal cloud which is owned, controlled and managed by a single enterprise or business.. It works in a secure environment and thus is restricted by a firewall. Only authorized users and can access or store the data. Since there is one user who is bearing the cost of software and infrastructure, it is expensive for the firm. Hewlett Packard Enterprise (HPE) and Dell uses private cloud

Hybrid Cloud-
It is an integration of private and public cloud. This type of cloud offers flexibility as both internal and external sources can be targeted. For information that is available to all public can be stored on public platform and sensitive data on private. So it is an integration of both which gives additional benefit.

Community Cloud
This type of cloud is used by the consumers of a specific community. The cloud is controlled, managed and operated by many organisations having same mission, security concerns, policy and are a member of a community. It is also a combination of private and public platform is most suitable for join ventures.

Five benefits of cloud computing
- Storage , recovery and backing up of data.
- creation of new applications and services
- hosting of websites and blogs
-Streaming audio and video
-Analyzing data and making predictions
- anywhere accessibility and with higher speed
- high security and flexibility


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