Definition - What does On-Demand Computing (ODC) mean?
On-demand computing (ODC) is an enterprise-level model of technology and computing in which resources are provided on an as-needed and when-needed basis. ODC make computing resources such as storage capacity, computational speed and software applications available to users as and when needed for specific temporary projects, known or unexpected workloads, routine work, or long-term technological and computing requirements.
Web services and other specialized tasks are sometimes referenced as types of ODC.
ODC is succinctly defined as “pay and use” computing power. It is also known as OD computing or utility computing.