Back to Blog

The 10 Biggest Benefits of the Public Cloud

Setting up your own cloud-powered business in 2021 has never been easier. These are the key benefits of how the public cloud can transform your business.
divider round bottom

Singling out the key public cloud benefits is not as simple as you might think. There are many things to consider in a complex and highly competitive market. When moving to the cloud, you have to decide which type of cloud environment is best suited for your business. Before you do that, take the time to properly delve into the key differences between the public and private cloud. The next step is to understand the fundamentals of public cloud, and what they can mean in today’s technology market. Successfully implementing cloud-based functionalities and tooling into your workflow can be tricky and challenging. Fortunately, cloud tech continues to evolve at an astounding pace. Setting up your own cloud-powered business has never been easier. Companies now infuse every aspect of their business the following advantages of public cloud:

  1. Total ownership
  2. Highly scalable and flexible
  3. Fast and simple set ups
  4. Little or no capital expenditure
  5. Improved collaboration
  6. Speedy data recovery
  7. Highest level of security
  8. Business continuity and resilience
  9. Agility for companies, big and small
  10. Allows GEO flexibility and powerful global presence

Total Ownership

The public cloud gives your business complete control over the systems and platforms which it relies upon. Instead of developing an expensive private cloud system, relying entirely on an external IT service provider, the public cloud allows your business to retain full control over your infrastructure internally. You control your own data, while we manage the systems and maintenance processes.

Highly Scalable and Flexible

Many large companies are fully aware that public cloud services add a handy auto-scaling part to their business operations. Scalability is highly present in various PaaS and SaaS scenarios. Virtual machines (VMs) in public cloud can be easily created, scaled, upgraded, or downsized corresponding to business needs. Workload balancing becomes a cinch, especially when compared to traditional on-prem conditions, which usually involve tough to keep, server-heavy computing methodologies.

Fast and Simple Set-Ups

Normally, you should be methodical and careful when switching to public cloud. However, setting up public cloud for your business can be completed within hours if necessary. Deployment and configuration can be handled remotely, and it will not be much of a bother for your IT team.

Little or no Capital Expenditure

Managing things like bandwidth, hardware and application improvement can be a predicament. With the public cloud system, such responsibilities rest with the provider. This effectively reduces capital spending right from the start. There are little to no initial investments. Another extremely important financial aspect is using the pay-as-you-go model. Payments are made monthly or annually, where resources are only used as needed.

Improved Collaboration

With hybrid working continuing to grow in popularity, it is important for those within the business to continue to have access to required data and communicate effectively with colleagues. The public cloud allows collaboration from various global locations across multiple devices seamlessly to assist your business continue to run smoothly.  

Speedy Data Recovery

Multiple infrastructures are available within the public cloud. This effectively reduces difficulties when deploying a disaster recovery plan. With public cloud, there is only a minor risk of significant data loss. Also, businesses do not have to waste valuable time when transferring backup data from their own local in-house servers to recover critical data following a disaster. The public cloud handles this through an automation process, which involves quick data recovery with any mishaps or errors.

Highest Level of Security

Public cloud providers put a high emphasis on security. Also, using public cloud infrastructure denotes a multi-tenancy foundation. So, you have multiple users on a single server at one time. However, the data stored by users stays safely stored and isolated from other users.

Business Continuity and Resilience

Digital transformation is not just a mere buzzword. It is very much a reality, thanks to diverse public cloud benefits. Migrating your legacy applications to the cloud future-proofs your business and ensures continuity. In addition, your applications are constantly kept fresh and up to date.

Agility for Companies Big and Small

To stay afloat in today’s dynamic digital market, companies are accelerating public cloud adoption. Regardless of the business nature, they turn to the cloud for provisioning resources, handling complex workloads, big data management, using cloud-powered tools, innovative technologies, and so on. Agility is a primary characteristic of the public cloud space. Issues and challenges of a technical nature are reduced. Everything quickly shifts towards quality of service because you can prioritize tasks towards better client satisfaction. You effectively streamline in-house operations, thus improving delivery, collaboration, data gathering, data management, rollout efficiency, and more.

GEO Flexibility and Powerful Global Presence

Public cloud providers, with their massive networks of servers, network bandwidth and IT resources, make powerful cloud infrastructure available worldwide. Remember, Amazon, MS and Google also have data centres in various countries, so you can select according to business needs. So, if there is any sensitive data that needs to stay within a certain GEO location, the public cloud allows you to simply select the data centre from a specific region.

Share on social media: 

More from the Blog

How fund managers can succeed within the ever more competitive private credit market

We know that the private credit market is receiving a lot of attention right now. Potential benefits of a growing market include higher yields and diversification. However, the industry also comes with its fair share of challenges. Understanding and navigating these challenges is crucial for fund managers looking to make the most of the many opportunities within this sector. 

Read Story

The EU’s DORA (Digital Operational Resilience Act) Increases Demand for Operational Resiliency from Firms

James Greenway, Business Development Director at Portfolio BI explores DORA in further detail and outlines what the new legislation will mean for firms operating in the alternative investment space. 

Read Story

Portfolio BI continues its next phase of growth with appointment of William Ercolano as CTO

Portfolio BI, a leading provider of SaaS and management support solutions to the alternative assets community, this week announced the appointment of William Ercolano to the role of CTO.

Read Story