Cloud computing services enable companies to utilize enterprise applications without the expense time and hassle of investing in new hardware and software. This allows businesses to move more quickly from operation to innovation and gain an advantage.

Servers can be expensive, and unless you invest in redundancy such as an array that has redundant disks, there’s a good possibility that one of your servers will fail at any point. Moreover, the maintenance of servers and the space needed to set them up can cost a lot of money. Add to that the fact that servers require constant cooling and you’ll have a significant operating cost.

With a cloud service provides access to your data and applications wherever there’s an internet connection. This allows your staff to perform more efficiently on the road, in the office or on their mobile devices.

Cloud can also allow you to scale up storage and virtual resources quickly. You can quickly and easily increase capacity to meet the sudden increase in demand. And you can also scale back as quickly when things slow down. This is known as elasticity, and it is one of the major additional hints benefits of cloud computing.

There are only a few big cloud providers, with Amazon Web Services, Microsoft Azure and Google taking the most of the market share. Other leading contenders are VMware and OpenStack. As the cloud continues its evolution we are seeing more and more people embracing multi-cloud strategies. This is partly because it eliminates the risk of vendor lock-in but also because working with multiple providers allows for greater flexibility.