Compliance Glossary

Cloud service providers offer various types of cloud computing services to their customers. Cloud computing is a model of computing that delivers shared computing resources (such as networks, servers, storage, applications, and services) over the internet rather than using local servers or personal devices.
Cloud service providers offer a variety of services, including:
– Infrastructure as a Service (IaaS): This type of service provides customers with access to computing infrastructure on a pay-per-use basis.
– Platform as a Service (PaaS): This type of service provides customers with access to a platform for developing, testing, and deploying applications without the need to manage the underlying infrastructure.
– Software as a Service (SaaS): This service gives customers access to software applications that can be accessed over the internet, typically on a subscription basis.

Cloud service providers typically charge customers for their services on a pay-as-you-go basis based on the resources consumed or the number of users. This can be more cost-effective than maintaining in-house infrastructure and provide customers with greater flexibility and scalability.