For small & medium sized business, it is much more economical to store all data on the cloud. It provides the facility to easily manage & store huge amounts of data.
Based on your requirement, you can opt for either private, public, hybrid or community cloud. As each type has its own strengths, you should adopt the one which suits your particular needs.
If you are looking for a dedicated cloud for your business, you can take up a private cloud. If you don’t need to have administrative controls, you can get public cloud. You can take advantage of both through a hybrid cloud by storing only the important data on a private cloud & rest on public. If you share cloud space with other businesses, then it is called community cloud.
Infrastructure as a Service (IaaS)
Access computing utilities
Provided on pay-as-you-go basis
Minimize hardware expenses
Platform as a Service (PaaS)
Run applications without buying computing utilities
Pay by use of the platform
Minimize maintenance costs
Faster software development cycle
Software as a Service (SaaS)
Access functionality of software
Pay monthly or yearly fees
Host & manage Software Development
Software Maintenance without high costs