Cloud computing is a type of computing that relies on sharing computing resources rather than having local servers or personal devices to handle applications. In cloud computing, the word cloud (also phrased as "the cloud") is used as a metaphor for "the Internet," so the phrase cloud computing means "a type of Internet-based computing," where different services-such as servers, storage and applications — are delivered to an organization's computers and devices through the Internet. Cloud computing is comparable to grid computing, a type of computing where unused processing cycles of all computers in a network are harnesses to solve problems too intensive for any stand-alone machine.

1. Achieve economies of scale – increase volume output or productivity with fewer people. Your cost per unit, project or product plummets.
2. Reduce spending on technology infrastructure. Maintain easy access to your information with minimal upfront spending. Pay as you go (weekly, quarterly or yearly), based on demand.
3. Globalize your workforce on the cheap. People worldwide can access the cloud, provided they have an Internet connection.
4. Streamline processes. Get more work done in less time with less people.
5. Reduce capital costs. There’s no need to spend big money on hardware, software or licensing fees.
6. Improve accessibility. You have access anytime, anywhere, making your life so much easier!
7. Monitor projects more effectively. Stay within budget and ahead of completion cycle times.
8. Less personnel training is needed. It takes fewer people to do more work on a cloud, with a minimal learning curve on hardware and software issues.
9. Minimize licensing new software. Stretch and grow without the need to buy expensive software licenses or programs.
10. Improve flexibility. You can change direction without serious “people” or “financial” issues at stake.

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