Busting the Common Myths Around Cloud Computing

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Cloud computing is not an emergent concept, unlike what common perception might lead us to believe. It has been in existence for over two decades now. More and more corporate enterprises and IT companies are adopting cloud computing to store data. According to Gartner's prediction, enterprise IT spending will reach 51% by 2025

Although current statistics show 60% of corporate data to be stored in the cloud, several myths and misconceptions surrounding cloud computing restrict its widespread adoption across industries. 

Read this article to learn some common myths about cloud computing and the realities around them. 

What is cloud computing? 

Cloud computing uses remote servers over the internet to store, access, process and manage vital data more than that on local drives. Cloud computing data can consist of anything from images and videos to different documents and files. 

Since the cloud is not a limited database, developers and IT professionals are inclined to store data over the cloud to ensure maximum safety. 

The different types of cloud services used in daily life include: 

  • Email services 
  • Storage backup and data retrieval
  • Testing and creating web applications 
  • Data analysis 
  • Streaming
  • Software delivery on-demand

5 common myths around cloud computing 

Myths arise when technology is feasible and seamless, like cloud computing. Here are some common myths around cloud computing that have been making enterprises think twice before incorporating it into their business. 

Myth #1: Cloud computing lacks security 

One of the biggest and primal myths of cloud computing is that it's not a very safe infrastructure. This is because the cloud environment is constantly subjected to development, and security measures are changing accordingly. Even though earlier cloud security was fragile, it is now very robust and advanced. 

Although cloud security issues persist, cloud computing data security protocols have progressed immensely and are on the road to betterment. 

Myth #2: Cloud computing is expensive 

This is an age-old myth revolving around cloud computing. On the contrary, cloud computing is much more feasible and cheaper for operations providing immense cost benefits and reducing overall expenses. 

More than 88% of cloud users have now realised that cloud computing is cost-effective. It also helps substantially maintain its environment for building and maintaining its IT system. 

Myth #3: Cloud computing is similar to SaaS 

Even though both have similar features in certain ways, cloud computing and SaaS are not the same. SaaS, or Software as a Service, is a model that delivers applications and models hosted centrally. On the other hand, cloud computing defines storage over remote servers managing, storing and processing data instead of using site servers and equipment. 

SaaS is a part of cloud computing which needs a paid subscription to access a pre-developed, cloud-based software. SaaS is not a versatile model. Another difference is that cloud computing offers total control over its management, which SaaS lacks. 

Myth #4: Cloud computing is a temporary phenomenon 

Cloud computing has now become more and more rooted in the current scenario. This is prevalent professionally and plays a major role in private practices. 

With the rapid cloud market development, more and more businesses are inclined to shift to a cloud-based environment. The cloud environment has numerous benefits like scalability, cost-effectiveness and other important aspects. 

Myth #5: Cloud computing will not replace traditional data centres

By the end of this decade, Cisco has predicted that 92% of the workloads would be based solely on cloud data centres. With the rapid development of cloud computing, traditional data centres would gradually cease to exist. 

However, the cloud might not completely let go of traditional data centres. According to Cisco’s analysis, the traditional data centres have a workload density of 3.5 which was only 2.2 in 2015. Hence, cloud servers would still have to run on different crucial applications like Solaris, Linux and Oracle DB. 

Key takeaways from the myths 

The above myths might not be true about cloud computing, but some aspects still make enterprises apprehensive about adopting cloud services. Here are some key findings from these myths. 

  • Since cloud computing is ever-evolving, security is enhanced and provides various levels of protection like data encryption, prevention and detection of intrusion, etc. 
  • The cloud computing system is extremely cost-effective and can operate better than a traditional environment. 
  • SaaS is not synonymous with cloud computing but is a sub-part and a variation of cloud computing. 
  • Cloud computing techniques are versatile and can be used for personal and commercial uses. 
  • Cloud computing is here to stay. However, it might not completely replace traditional data centres, which need to run various operating systems and key applications. 

Conclusion

Even though cloud computing is now widespread, it is still a new concept. However, it has its own drawbacks. 

If you want to do a course on cloud computing and digital transformation & RPA, check out Imarticus Learning's Professional Certificate in Fintech. This SP Jain Fintech certification would help you understand different concepts of cloud computing, along with the evolving concepts of the amalgamation of finance and technology. 

For more details, check out the website right away! 

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