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What Are The Factors That Go Into Private Cloud Pricing

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Let’s face it, the internet is a lot more virtual than we give it credit for being. It’s only gotten more real in the last couple of years with the advent of services such as Google Drive and Dropbox.

These popular cloud storage services have helped make accessing files and data from anywhere easier than ever before, which means that more people are getting into the cloud storage game.

But with private cloud computing becoming such a popular option for businesses, the pricing is often confusing. Private cloud pricing varies depending on several factors, including:

Table of Contents

  • Service Level Agreement (SLA)
  • The Level of Support Offered by the Provider
  • Type of Use
  • Type of Software You Use
  • Amount of Storage You Need
  • The Final Word

Service Level Agreement (SLA)

This describes the level of service your provider provides and what happens if something goes wrong. The SLA also determines who is responsible for paying for the outage and how much time it takes to restore your service after an incident. In addition, an SLA helps customers avoid situations where they have no way to recover from an outage due to poor planning on the part of their provider.

The Level of Support Offered by the Provider

Some providers offer 24/7 support; others provide only basic support with limited hours or no support at all. If you’re using a complex workload like Hadoop, having access to skilled engineers during business hours is crucial in case something goes wrong with your infrastructure or application.

Type of Use

The more users you have, the more resources you need. This is why you need to consider how many people will be accessing your private cloud and what they’ll be doing with it. If you’re planning on using your private cloud for collaboration or sharing documents, then it’s going to cost less than if you’re using it for large-scale virtualization or running multiple applications at once.

Type of Software You Use

The type of software you use is one of the most important factors in determining your private cloud pricing. If your company uses a lot of specialized software that requires high-performance computing (HPC) capabilities, expect to pay more than if you were using traditional business applications. HPC is typically more expensive than traditional business applications because it uses more resources and requires more powerful hardware.

Amount of Storage You Need

The amount of storage you need will have an impact on the price. For example, if you’re running a small business with only a handful of employees and want to keep your data secure in case of emergency situations, then you won’t need as much storage as someone running a large enterprise with thousands of employees and customers. The more data you have (and therefore need to store), the more expensive it will be per gigabyte.

The Final Word

When it comes to private cloud pricing, the factors that go into the equation are nearly as numerous as the companies offering these services. In fact, some providers offer a variety of pricing structures based on their offerings and capabilities.

One of the most important aspects of private cloud pricing is how you plan to use it. Some companies just want to set up a simple virtual server with minimal storage space, while others need a more complicated setup with high-end security features and unlimited storage capacity. The way you intend to use your private cloud will determine how much it costs and what kinds of features you’ll receive in return.

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