Cloud computing is cost-effective. Here, cost is greatly reduced as initial expense and recurring expenses are much lower than traditional computing. Maintenance cost is reduced as a third party maintains everything from running the cloud to storing data. Cloud is characterized by features such as platform, location and device independency, which make it easily adoptable for all sizes of businesses, in particular small and mid-sized. However, owing to redundancy of computer system networks and storage system cloud may not be reliable for data, but it scores well as far as security is concerned. In cloud computing, security is tremendously improved because of a superior technology security system, which is now easily available and affordable. Yet another important characteristic of cloud is scalability, which is achieved through server virtualization.
In a nutshell, cloud computing means getting the best performing system with the best value for money.source
In a nutshell, cloud computing means getting the best performing system with the best value for money.source