How can companies benefit from using Cloud Computing?

hulk6974: How can companies benefit from using Cloud Computing?
I am doing a research paper on cloud computing. I want to talk about how companies can use cloud computing and how it can benefit them. Also if anyone has any info on what kinds of app or software you can use in the cloud that would be appreciated. Thanks
even though a business will you the servers from the companies, don’t they still need to have a local back up?

Answers and Views:

Answer by Kenneth
Cloud computing is simply storing data and useing apps on someone else’s server. Pretty much every app that Google offers is in essence cloud computing. For a business, they can pay only for the capacity that they use. They don’t need to go invest in hardware, electricity to run it, cooling etc… so it costs a business a lot less money. If the business needs huge quantities or space/bandwidth, they do not have to build a facility to house their servers. They get it all for a feee that they pay someone.