Here we are covering stars of the cloud industry. These stocks are the backbone of all businesses using cloud services.
First of all, let us understand what Cloud is. Generally, any organization operating online has its servers located either in premises or other central locations. There are several disadvantages to it. Most importantly, setting up servers, maintaining, and sometimes you may not need that many servers as installed or suddenly due to higher demand you need more servers. In that case, you lose money on extra servers and lose business on fewer servers. This phenomenon can be explained as Scaling up and Scaling down.
In case the company providing cloud servers will have too many servers installed. Because of the higher number of quantities they can buy it cheaper and since they are specialized in providing these servers. They can optimally plan the usage of each server and reduce maintenance costs. In short cloud service providers will use economies of scale. Similarly, they can provide better security to all servers at a lesser price. And eventually, it costs less to the user than to have its servers, also gives the ability to scale up or down easily and quickly.
Providing server access is just one part of cloud business. But several businesses are using this technology and revolutionizing the current industry.
Some examples where it is applied,
SAAS – Software as a service
PAAS – Platform as a service
IAAS – infrastructure as a service
The leaders in above mentioned and several other cloud-based businesses are
- A leader in securing the cloud.
- Security as a service SPasS (Security Platform as a service)
- Leader in CPasS (Communication Platform as a service)
- Value as a service
- A leader in CDN-Content delivery network