Glossary

Public Cloud

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Banking as a Platform Banking as a Service Big Data Business Analytics
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Claim Automation Claims Management Clinical Research Clinical Software Cloud Advisory Cloud Deployment Cloud Infrastructure Cloud Migration Cloud Native Development Cloud Security Cloud Strategy Cloud-native Security Core Banking Corporate Banking Customer Data Platform (CDP) Customer Experience Customer Experience Journey Customer Experience Strategy Customer Intelligence CX Strategy Cyber Resilience Cybersecurity
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Process Mining and Process Excellence Product Engineering Product Sustenance Public Cloud
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Ransomware Retail Banking
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Software Application Development Software Development Software Engineering Software Modernization Software Product Development Software Product Modernization

What is Public Cloud?

Public Cloud is an IT cloud model that works on-demand computing services. In this cloud model, the infrastructure is managed by a third-party provider. Third-party providers share this cloud with several organizations with the help of the Internet. The public cloud model provides cloud service in different formats, including providers’ infrastructure as a service (IaaS), platform as a service (PaaS), business as a service (BaaS), and software as a service (SaaS). These cloud services are provided to users for either a monthly or pay-per-use fee, eliminating the need for users to host these services on-site in their own data center.

A public cloud service is run on distant servers managed by a provider. Customers of such suppliers use the Internet to access those services.

What are the business benefits of Public Cloud?

  • The public cloud can enable computing resources to be highly accessible to anyone at any time.

  • The public cloud can be a cost-optimizing model for an organization.

  • An organization can leverage the public cloud as it requires less server management.

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