Cloud Service Models Questions
Cloud elasticity refers to the ability of a cloud service to dynamically scale its resources up or down based on the changing demands of the users. It allows for the automatic allocation and deallocation of computing resources, such as storage, processing power, and bandwidth, in response to fluctuations in workload. This flexibility enables organizations to efficiently handle peak periods of high demand without overprovisioning resources, thus optimizing cost and performance. Cloud elasticity is a key characteristic of cloud computing that provides scalability and agility to meet the evolving needs of businesses.