Private vs public cloud – what to choose? When opting for a private cloud, businesses reap many of the benefits than that of the public cloud. Additionally, security in the private cloud, with the help of firewalls and internal hosting, is used to ensure that sensitive information is not accessible to third-party providers. Private clouds are ideal for larger corporations or businesses working in highly regulated industries with strict governance obligations such as finance, health, and insurance. Private cloud pricing also differs from public cloud pricing. In addition, private clouds offer more in terms of customizability and virtualization, allowing businesses to curate the ideal solution to fit their workloads.
It is important to note that private and public clouds are not mutually exclusive. A private cloud can be used in combination with the public cloud to create a hybrid cloud environment. By using a hybrid cloud, businesses can benefit from cloud bursting, which is the ability to expand and retract services based on changes in capacity needs. It allows businesses to scale computing services to the public cloud when computing demand increases.
Both deployment methods, as well as both the public and private cloud models, have their merits. The decision between which combination is best for a business depends on its budget, security considerations and related best practices, and scalability requirements.