Cloud computing is more cost effective than traditional IT infrastructure due to methods of payment for the data storage services.
In traditional methods the site, or company, purchases the hardware and software that are necessary to meet the technology needs of the business.
Explanation:
- While using cloud based services you only pay for what is used. If you're using the services for a week, you only pay for the time you have used the serices for.
- Software as a service on the cloud is offered as SaaS that can be accessed through a subscription service for the required number of users. There are other services provided too.
- Cloud computing provide us the capability to allocate and scale computing capacity quickly and easily. Cloud can reduce the time required to provision and deploy new applications and services from months to minutes .
- The services offered by cloud also enables businesses to respond more quickly to market changes and reduce time to market.
- A user's access to data/software/storage is limited to the device or official network he/she is connected is known to offer traditional services.
