Cloud computing is the on-demand delivery of computer power, database storage, applications, and other IT resources through a cloud services platform via the Internet with pay-as-you-go pricing.
The National Institute of Standards and Technology (NIST) defines cloud computing as a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.
Cloud computing is becoming an increasingly popular way for businesses to reduce costs while increasing efficiency and flexibility. By outsourcing their IT infrastructure to a cloud provider, businesses can avoid the high capital costs associated with traditional on-premises systems. Cloud providers also offer pay-as -you go pricing models that allow businesses to only pay for the resources they use – making it easier to control expenses. In addition, cloud systems are often more scalable than traditional on premises solutions, making it easier for businesses to adjust their capacity up or down as needed.
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