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Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over a network. A company uses the hardware and software in the cloud and a service fee is charged.
Cloud computing offers the following potential benefits:
- Organizational flexibility - Users can access the information anytime and anyplace using a web browser.
- Agility and rapid deployment - IT department can focus on delivering the tools to mine, analyse, and share the information and knowledge from databases, files, and people.
- Reduced cost of infrastructure - Technology is moved from on-site to a cloud provider, eliminating the cost of hardware and applications.
- Refocus of IT resources - Cost savings of hardware and applications can be applied elsewhere.
- Creation of new business models - Applications and resources are easily accessible, so companies can react quickly to customer needs. This helps them set strategies to promote innovation while potentially entering new markets.
Kavungya answered the question on May 17, 2019 at 08:05