Every Cloud has a Silver lining!
Have you ever thought about renting out anything instead of owning them? Well, Cloud computing works in similar lines with respect to IT world.
Cloud computing is the on-demand availability of computer system resources, especially data storage and compute power provided by cloud providers. This involves huge data centers available to many users over the internet. It allows companies to avoid or minimize up-front IT infrastructure costs.
Earlier, almost all the businesses used to have their servers set up on-premises. This means company servers might be sitting in a room a few meters away from an employee’s desk. The company had to source, maintain and manage IT infrastructure all by themselves which involved time, expertise and huge amount of money. Failure of any server, maintaining backups, energy costs of the infrastructure had to be owned solely by the company. Good news is — Every cloud has a Silver lining!
Cloud computing does all the undifferentiated heavy lifting and allows you to focus on the bit that makes you different from your competitors. So, you do not bother racking servers in a server room nor plugging network cables in. Now companies are empowered to invest their time on developing reliable and scalable products.