Cloud computing refers to the outsourcing of IT resource management by an organization to third-party vendors. Clients pay on the go for the computing resources they avail and are billed on a pro-rata basis.
Generally, the types of resources that are delivered on-demand include data storage systems and computational power. Subscribers become direct beneficiaries of IT resources that they avail through the internet and are spared the expenses for setting up the infrastructure in-house.
Not all demand curves are predictable. Therefore, an investment towards cloud computing solutions cuts through maintenance costs of organizations and empowers them to scale operations as per business requirements. Be it startups, legacy businesses, or digital-at-scale companies, cloud computing applications allow all to get products up and running faster and better.
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