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Cloud computing changed the economics of software by turning computing power, storage, and infrastructure into services that can be rented on demand. Instead of buying and maintaining every server in-house, companies can scale up or down as needed.

This model lowered the barrier to launching digital products, accelerated startups, and helped create the always-on platforms people now use every day. The cloud is not just a technical architecture—it is one of the invisible foundations of the modern internet economy.


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Reference:

Wikipedia: Cloud computing

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