Pros and Cons of Cloud Computing – Can Cloud Services Improve Business?

by Tracy Jackson

Last Updated on August 12, 2022 by Tracy Jackson

pros and cons of cloud computing

Cloud computing is all the rage today.

Businesses are shifting rapidly to cloud computing services because this technology has vastly improved IT infrastructure and modern-day business.

According to Statista, the total size of the public cloud computing market has grown from 87 billion USD to 236 billion USD in the past five years alone!

Cloud computing market size statistic

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Cloud users are becoming more and more aware of the pros and cons of cloud computing and are gravitating towards this type of IT services because it looks promising for the future.

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What Is Cloud Computing?

Cloud computing is when IT resources are available on-demand over the internet. You can scale your cloud resources up or down depending on your business processes and requirements.

Cloud service providers offer businesses data backup and storage, along with other cloud services, so you don’t need to invest in physical servers or data centers.

Cloud Computing Solutions

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Cloud computing cuts down costs because of pay-as-you-go pricing – meaning you only pay for the cloud services you use (for example, with click tracking software)

Organizations of different sizes use cloud storage and cloud services for many different purposes, such as data backup, disaster recovery