Traditionally, cloud providers have offered public, private and hybrid cloud offerings. A public cloud offers shared infrastructure and services allowing for easy cloud management and affordable prices. Private cloud offers sharing of resources within an organization, so employees can access these resources. Hybrid cloud as the name suggests, utilizes both public and private cloud offerings for different applications in the same organization. A new type of cloud is getting popular among the cloud providers. Here’s a look at community cloud and get some insights on how your business can benefit from it.
The community cloud is not a completely novel concept. What it lacks in technological innovation, it makes up in the ingenuity of utilizing the available resources. So, what is it and why should you embrace with it? In simple terms, community cloud is a type of cloud that caters to the needs of a specific group of organizations, like banks, ecommerce, healthcare and so on. It is based on the same multitenancy concept; except the setup is designed and implemented to meet the requirements of a specific group of the target customers.
Community Cloud: Regulated Industries
A community cloud for banks in India would follow the regulations set by RBI, be highly secure and follow data storage and data flow regulations. For banks, following RBI regulations is not a choice, but a necessity. They face heavy penalties and sometimes shut down if they fail to meet these regulations. Cloud providers like Cloud4C provide ready-to-use cloud solutions that meet RBI guidelines and offer robust security with 24X7 monitoring. Such a turnkey cloud solution would enable banks to start using the solutions within weeks of purchase.
With many regulations to be followed and the difficulty in maintaining their infrastructure; uptake of community cloud has been higher in the BFSI and government businesses. It is easy therefore, to see why organizations should consider community cloud. In a community cloud, organizations share the cost of implementation, expertise as well as the cost of maintaining the cloud. Community cloud also offers businesses a higher level of control especially with performance and availability that is often difficult in public cloud. The infrastructure benefits from being easily scalable while consistently complying with your regulatory needs.
Community Cloud: Expensive Licensing
Another set of businesses that can reap the benefit of community cloud are the ones that need to use enterprise applications like ERPs and CRMs. These applications come with expensive licensing and need high-end infrastructure to run efficiently. Some applications have specific minimum requirements with hardware, network and OS along with additional software that you may have to buy to utilize these applications efficiently. Hardware and network requirements can increase the cost of running by a large margin. Businesses must ensure absolute security and optimum performance to make the best of these resource-intensive applications. It is often difficult to ensure that all these requirements are met especially when running IT is not the core task for most businesses. A cloud provider hosts these applications and businesses can utilize their expertise while sharing the cost of expertise and set up.
Choosing a Cloud Partner
Businesses however, need to be careful while choosing their cloud partner. Cloud architecture design and security implementation require careful consideration in each step. Your cloud partner should know your industry well. In building the community cloud, they should have taken care of local regulations as well as your performance concerns. They should have experts ready to help you at any time should something go wrong. Without this, your business might suffer downtime. It is a good idea to have a good look at their history of security and uptime. Ask for their clientele to see how many clients they have from your industry.
Another often overlooked aspect of choosing a cloud partner are the SLAs. SLAs are notorious for being obscure and make it difficult to measure productivity and cost-effectiveness. If your cloud provider is confident of their offerings and claims, they should be able to provide you with a clear SLA and help you choose the best plan for you. Another important part of choosing a partner is to consider the future within your business. Can your cloud partner keep up with your business growth? If not, it may be worth reconsidering this partner.
Cloud4C offers end-to-end single SLA with a guaranteed uptime of 99.995%. Cloud4C provides turnkey community cloud services for several verticals including BFSI and government in 40 countries within US, Europe, Middle East and APAC and meets local regulations. Your business can go live in as little as 4 weeks’ time with Cloud4C’s community cloud in any of these countries.
Invariably, each regulated industry has its own requirements along with best practices that it needs to follow. We offer ready-to-use community cloud for verticals like healthcare, government, education and others. To know if we have already built a community cloud in your domain, contact us at email@example.com