With cloud computing, you do not need to invest in hardware and software or spend time managing it. Cloud computing provides an easy way to access shared infrastructure such as servers, storage, data, and application services. With the cloud service provider responsible for the maintenance and operations of the infrastructure, you can access resources as you need and only pay for what you use. You can scale according to your business requirements.Apart from cost savings and scalability, there are many other advantages of cloud computing, including:Simplified cost and consumption model. Shift from CAPEX to OPEX.Enterprise-grade services and management. Free up IT resources to support more revenue-driving initiatives instead of focusing on maintaining IT infrastructure.Faster provisioning of virtualized resources. Adopt a rapid deployment model and allow applications to grow quickly as usage requirements increase.Right-sizing to address business changes. Instead of worrying about outgrowing the current IT infrastructure, you can have built-in elasticity for those peak usage periods when you need to scale up dramatically.Ease of integration. Take advantage of configuration flexibility, a choice of access mechanisms, and integrated security, which gives cloud the natural ability to serve as both a platform and integration fabric for enterprise applications.