3 Reasons Why Community Cloud Is The Cloud Of The Future

In its initial days and forms, cloud services were industry neutral with horizontal offerings. It was for everyone, similar to any other public service like electricity or water, hence classified as Public Cloud. But, the scenario is rapidly changing, and what we see now is the future of the cloud with an industry-specific list of required services and offerings.

For the time being, the further progress of the cloud will depend on the ability of cloud technologies to adapt to and apply customized business requirements. This is now considered the next step to enhancing the cloud adoption process. It differs from a public, private, or hybrid cloud and is termed a community or vertical cloud.

What is Community Cloud?

A community cloud is a single, sector-specific solution that combines the advantages and capabilities of various cloud types (Banks, insurance, government, enterprise, etc.). It is also best suited for organizations working on related applications, research topics, or projects that require the same resources. A community cloud is an example of a private cloud that provides specialized infrastructure for businesses from a particular community with shared concerns about security, compliance, jurisdiction, etc. When it comes to cost-effectiveness, privacy, and security, it is the perfect answer.

1. Rising Demand for Community Cloud

Recently, we’ve seen many major Cloud Service Providers offering Community Cloud Services, whether Government Community Cloud, Banking Community Cloud, or Enterprise Community Cloud, each offering particular services for the prescribed business vertical. The key differentiators are each cloud vertical’s technical, security, and compliance tools. However, the true potential of these communities is yet to be achieved with the requirement of vertical cloud or community cloud services for emerging business verticals like IoT, Healthcare, e-Commerce, Insurance, Autonomous Vehicles, etc., as each one of these business verticals is going to have requirement of specialized tools with specific compliance configurations, security, and performance-based upon a uniform data model.

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