Data that contains more variety, volume and velocity
Delivering of computing services over the internet e.g. file storage, networking and software
Cloud computing is novel if you consider the advancement in use of internet but also an amalgamation since combining computer resources to compute things quicker and more efficiently isn't new.
SaaS: Software as a service
IaaS: Infastructure as a Serivce
PaaS: Platform as a Service
Playing video games on a cheap/weak computer by letting the computing done in another location
Storing photos in cloud so that it takes up less storage in the phone
Sharing files over the internet e.g. google drive or one drive
Pay as you go