Cloud Computing has redefined all functions of technology, including Digital, Analytics, and AI. By utilising new business models, the cloud is now transforming industry services. The broad Anything-as-a-service (XaaS) business model now provides faster and more agile outcomes with a consumption-based service that optimises top workloads. Cloud providers now effectively utilise the consumption model with effective resource planning thus enabling enterprises to effectively execute their strategies regardless of the level of demand and the number of resources required to deliver the cloud services.
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In the event of an abrupt rise or drop in demand, organisations are increasingly seeking cloud solutions that provide flexible options.