What is the role of Service Level Agreements (SLAs) in cloud computing?

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What is the role of Service Level Agreements (SLAs) in cloud computing?

The role of Service Level Agreements (SLAs) in cloud computing is to define the agreed-upon level of service between the cloud provider and the customer. SLAs outline the performance metrics, availability, and responsibilities of both parties, ensuring that the cloud provider meets the customer's expectations and requirements. SLAs also provide a mechanism for resolving disputes and establishing penalties or remedies in case of service failures or breaches.