Along with its functionality comes the direct financial advantages. Unlike computer networks that used to support the full range of functions—from database access to data storage and backup on local servers which required regular investment in hardware—cloud computing uses off-site servers. The great advantage of this setup for clients is that the pricing is based on the volume you use and the capacity you need.

There is no upfront costly hardware investment. Moreover, it can easily expand or shrink based on your actual needs. It also requires much fewer resources required for its maintenance, and “patching up,” which takes up both time and financial resources.