5 major benefits of oracle cloud infrastructure as a service iaas
5 Major Benefits of Oracle Cloud Infrastructure as a Service (IaaS)
JULY 01, 2019 07:46 AM
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More and more businesses have been adopting cloud technology services in recent years. Investments in cloud technology are growing every year. CFOs can gain maximum ROI by investing in Cloud technology. Infrastructure as a Service (IaaS) has completely changed the dynamics of IT business operations and budgeting among the various cloud service delivery models.
It is known to offer many benefits to the user:
1. Low cost of operations
The first and foremost and the most sought-after benefit of opting for the IaaS model is its low-cost pricing model, where customers pay only for what is used. Organizations do not have to maintain hardware, replace old equipment, or maintain networking equipment. IaaS ensures that organizations can avail of excess computing capacity at the click of a button whenever there is a spike in demand and terminate it when unnecessary. IaaS also has the benefit of pay-as-you-go, i.e., the organizations pay only for the capacity needed at the current time. Pricing models are beautiful, offering more cost savings for buying extra reserved capacity in advance.
2. Disaster recovery
The objective of disaster recovery (DR) planning is to minimize RTO (Recovery Time Objective), RPO (Recovery Point Objective), cost, and latency by considering system constraints such as CPU, network, and storage requirements. A Dedicated DR model can result in quick response and speedy recovery. However, it comes with a higher cost. The cloud disaster recovery model is low in cost and provides better recovery than a traditional cold off-site backup.
Depending on the critical nature of the data, businesses need either a hot, cold, or warm DR site that allows services to be restored within the designated RTO window for its business application. Data replication between the primary and DR sites should ensure all RPO objectives are met. The backup strategy must satisfy the RPO requirements along with any data retention policies. Incremental snapshots method can be used on critical storage volumes to ensure that RPO objectives are met periodically. Warm DR sites are comparatively slow in recovery but provide better cost benefits. Cold DR sites are the least expensive. However, RTO and RPO are much longer.
3. Scalability
One of the significant benefits of IaaS is that it can be scaled up and down flexibly according to the requirements of the business. IaaS offers better, more powerful, and latest storage, networking technology, and servers on demand. Companies can address the peak in online traffic instantly by launching additional resources. This also results in better customer engagement and satisfaction. Businesses can respond better to any requirements, opportunities, and developments.
4. Focus
Business owners are always grappling with spending time, energy, and money on making tech-related decisions and hiring staff to maintain and manage the IT infrastructure. The IaaS cloud offering enables business owners to focus more on the most important aspects related to their core business rather than IT infrastructure. In turn, it helps businesses grow long-term. IaaS can help organizations become more efficient with their IT infrastructure.
5. Agility
Today's businesses face cut-throat competition. To survive in this highly competitive space, companies must be able to make quick decisions. Businesses must be able to test prototypes quickly and at a lower cost. Cloud IaaS offers many benefits, like scalability and flexibility, that enable companies to focus more on core business tasks and innovation and streamline business growth.
FAQs
What are the primary cost benefits of using Oracle Cloud Infrastructure as a Service (IaaS)? IaaS offers a pay-as-you-go model, meaning you only pay for the resources you consume. This eliminates the need for upfront investments in hardware and reduces costs associated with maintenance, replacements, and managing physical IT infrastructure. You can also scale resources up or down as needed and potentially get cost savings for reserved capacity.
How does IaaS contribute to better disaster recovery (DR) strategies? IaaS provides cost-effective disaster recovery solutions compared to traditional methods. Cloud-based DR allows faster recovery with lower latency, using hot, warm, or cold sites depending on data criticality. Data replication and incremental snapshots can be used to meet Recovery Point Objectives (RPO). IaaS enables businesses to protect against data loss better while being more affordable than dedicated, physical DR infrastructure.
In what ways does IaaS enhance scalability for businesses? IaaS offers flexible and on-demand scalability, allowing businesses to increase or decrease computing resources based on fluctuating demands quickly. This enables them to handle peak traffic and adapt to changing business requirements without significant capital investment in excess hardware. IaaS provides access to the latest storage, networking, and server technologies, leading to better business agility.
How can adopting IaaS help businesses focus on their core activities? By utilizing IaaS, business owners can offload the burden of managing IT infrastructure. This allows them to allocate time, resources, and energy towards core business functions like product development, customer relations, and strategic growth rather than focusing on infrastructure maintenance.
How does IaaS promote business agility and innovation? IaaS allows businesses to quickly test prototypes and respond to market demands with lower upfront costs. The scalability and flexibility of IaaS enable enterprises to innovate and grow while allowing for quick decision-making. This ability to adapt quickly is essential in competitive markets.
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About SMACT Works
SMACT Works is a technology-focused systems integrator and IT/ERP consulting firm. We deliver end-to-end consulting, managed, and implementation services for Oracle Cloud Applications, IaaS & PaaS, On-Premise PeopleSoft & EBS Applications. Headquartered in Dublin, OH, we have a global presence with North America and Asia offices. We are an Oracle Gold Partner Cloud Standard, ISO 9001, and 27001 certified delivery organization serving customers with Excellence and Integrity.
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