Explanation:

Cloud computing offers many advantages to the company. Since the cloud data storage and processing facilities are owned by third parties, the company does not need to be concerned about how it will handle increasing data storage and processing demands with its own data center equipment. The company can easily increase or decrease processing power and storage capacity based on need. Also, cloud services are billed by usage, so the company does not have the costs of supporting its own expensive data center that is not always used to maximum capacity.