Cloud... Basic Understanding
What is the Cloud? Technically speaking the cloud is hosted storage and computing services hosted over the internet. There are basically 3 types of cloud: public, private and hybrid. The Public Cloud, such as provided by Oracle for example, is storage and processing power shared among many customers. It is elastic, meaning customers can expand or reduce the amount of storage and computing power as needed. Typically customers subscribe by paying for what they need on a scheduled basis, much as they do with their utilities such as electricity or water. The private cloud is typically used when a customer wants the power and benefits of the cloud without sharing the resources with other customers. It is dedicated to just that customer. Private cloud may be hosted in the customers own data center or at a provider’s facility and May still be managed by the cloud vendor. The billing cycle may be similar to public cloud but more expensive due to the dedicated nature and