Cloud computing is a model where computing services such as storage, servers, software, and networks are provided over the internet. Instead of managing physical hardware, users access resources from remote data centers maintained by providers.
Cloud computing is not completely new but developed from earlier technologies like virtualization and distributed systems. What makes it unique are several key features:
The three service models in cloud computing are:
Cloud computing has been effective in many real-world areas, including:
The economic model of cloud computing is based on pay-as-you-go. Instead of making large upfront investments in hardware, organizations pay only for the resources they consume. This approach shifts expenses from capital costs (CapEx) to operating costs (OpEx), giving businesses flexibility and predictable spending.