Define the cloud computing business advantages.
With emphasis on the following tasks:
Virtualization: Resources can be shared between many computing resources (physical servers or application servers).
Provide more efficient utilization of IT resources and reduce hardware cost through resource consolidations and economies-of-scale. Lower total cost of ownership and improving asset utilization.
Dynamic: Resources are dynamically provisioned (or deprovisioned) based on consumer demands.
Reduce IT cycle time and management cost.
Elastic scaling: IT environments scale up and down by any magnitudes as needed to satisfy customer demands.
Optimize IT resource utilization and increase flexibility.
Service Automation Management: IT environments that provide the capability to request, deliver, and manage IT services automatically.
Reduce IT operational costs by automating the processes used to deliver and manage a cloud computing environment.
Pervasiveness: Services are delivered through use of Internet and on any platform.
Improve customer experience by enabling services to be accessed from anywhere and anytime.