Cloud computing offers a number of cost benefits.
Cost is controlled because infrastructure is rented, not purchased. Capital
investment can be zero. The massive scale of cloud providers helps minimize
cost, further reducing cost of entry.
Applications can be developed rapidly using more of an assembly approach
than programming. This helps reduce time to market giving businesses a
head start against the competition.
Organisations can utilize the cloud and reduce the risks associated with
purchasing physical hardware. For instance, where an enterprise needs to
handle a workload “spike”, the cloud provides surge computing capability to
match the enterprise’s needs at lower cost.