By Mohit Nigam
What is Cloud Computing? Why is it important? Why should businesses care about this new technology? These are some of the many questions that all organizations and their leaders are asking. The answer is clear. First, moving applications to the cloud helps reduce cost. This leads to smarter IT spending. Second, it enables faster delivery of new capabilities, thereby supporting business innovation. However, as is always the case, with benefits comes risk—business risks as well as technology risks.
What is Cloud Computing?
Cloud Computing is simply an approach to computing that enables applications to be delivered at scale for a variety of workloads and client devices. It is the foundation for running applications and storing data in data centers that is owned by an external service provider and accessed via Internet. Cloud Computing can help businesses deliver IT services to its subscribers as "pay as you go" service.