Cloud computing refers to an IT landscape (e.g. data centre, data storage, software such as ERP or CRM) that can be rented. The applications and data are therefore not operated by the user, provided to the user or located on local computers or company data centres. Instead, they are accessible via the Internet.
The basic idea behind cloud computing is to transform traditional products into web services. Cloud computing is not a fixed product term, but encompasses various aspects of computing, such as network infrastructure, software and data storage. All of these products are offered as a service where you only pay for what you actually use. The user's data is stored externally and is accessible via the Internet. The service provider manages the user's entire infrastructure and/or software so that the user has time to concentrate fully on their core tasks and processes. Many providers store the data in different data centres that are geographically separated from each other and located at different sites. This allows users to access their data in the cloud via a different data centre in the event of power outages or natural disasters.
Cloud computing features in this blog.
Is SAP Business One Cloud Software?
The other SAP cloud
SAP Business ByDesign vs SAP S/4HANA Cloud
SAP Business One Cloud Migration Costs
Data secure in the cloud