Explain the concept of elasticity in cloud computing and provide examples of how it benefits businesses.
Explain the concept of elasticity in cloud computing and provide examples of how it benefits businesses.
Cloud computing refers to the delivery of various computing services, including storage, processing power, and software applications, over the internet. It allows users to access and use these resources remotely on a pay-as-you-go basis, eliminating the need for owning and maintaining physical hardware and software. Essentially, cloud computing enables organizations and individuals to scale their IT resources, reduce costs, and increase flexibility by outsourcing their computing needs to cloud service providers like Amazon Web Services (AWS), Microsoft Azure, or Google Cloud Platform.
Elasticity in cloud computing refers to the ability to quickly and easily scale computing resources up or down based on demand. It allows users to expand or shrink their virtual infrastructure, such as servers and storage, to accommodate changing workloads. This flexibility ensures that organizations can efficiently use and pay for only the resources they need, optimizing cost-efficiency and performance in the cloud.
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