Compliance Glossary

A cloud-hosted business is a company that uses cloud computing services to host and operate its business applications, data, and other resources. 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.

By using cloud services to host their business, companies can benefit from a range of advantages, including:

– Scalability: Cloud services enable companies to scale their resources up or down as needed, based on their changing business needs.
– Cost-effectiveness: Cloud services can be more cost-effective than maintaining in-house infrastructure, as companies only pay for the resources they consume.
– Flexibility: Cloud services enable companies to access their applications and data from any device with an internet connection, providing greater flexibility and mobility.
– Security: Cloud service providers typically have robust security measures to protect their customers’ data and systems.