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Cloud computing offers many advantages, including greater efficiency, lower costs and better performance. But there are many other related benefits that companies often ignore, like streamlined business processes, improved collaboration and flexible working schedules.

The basic infrastructure of cloud computing comprises central servers, data storage and software that links devices together. However, it also includes a wide range of functional programs, such as accounting applications and tools for customer service. They can be managed by the business or by a third-party service company (CSP).

There are three main types of cloud services: Infrastructure as a Service, Platform as a Service and Software as a Service.

Infrastructure as a Service (IaaS) allows you to lease hardware storage, software and other infrastructure from a cloud provider on a pay-as-you-go basis. This model can provide unrivalled capacity and flexibility, allowing you to add or remove virtual resources quickly and easily to meet demand.

Platform as a Service, or PaaS is a cloud-based app development platform that provides an entire development environment for apps. This means that you can create apps that are compatible with your current system software and hosted in the same location – as long as you have an Internet connection.

Businesses can now work from anywhere even at home, due to the ability to access cloud-based applications as well as documents and information on any device with an internet connection. This allows for more flexible work arrangements, which boosts employee morale and improve productivity. This can also save money, since you don’t need to buy hardware for your office.

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