The availability of data, servers, and other computing resources on the internet. Rather than having those resources on a local server.
Cloud computing started gaining traction in the early 2000’s when several businesses began providing internet-based services for computing resources. Which is a new technology that appeared in the 2000’s
1. Infrastructure as a service. 2. Platform as a service. 3. Software as a service.
1. Online data storage 2. Data Backup 3. Analysis of big data
Tiered pricing, per-unit, or subscription-based model is usually employed for cloud computing.
Sources:
https://cloud.google.com/learn/what-is-cloud-computing
https://www.geeksforgeeks.org/cloud-computing/#origins-of-cloud-computing
https://www.ibm.com/topics/iaas-paas-saas#:~:text=IaaS%2C%20PaaS%20and%20SaaS%20are,or%20cloud%20computing%20service%20models.
https://www.geeksforgeeks.org/real-world-applications-of-cloud-computing/
https://www.geeksforgeeks.org/economics-of-cloud-computing/