👉 Hired computing, also known as cloud computing on demand or on-the-fly computing, refers to a model where computing resources—such as servers, storage, databases, networking, software, and analytics—are provisioned dynamically over the internet to meet the fluctuating needs of users or businesses. Unlike traditional computing models that require upfront investment in hardware and infrastructure, hired computing allows organizations to access computing power on a pay-as-you-go basis. This flexibility enables businesses to scale their resources up or down based on demand, optimizing costs and ensuring efficient utilization of computing resources. It's particularly beneficial for startups and enterprises that experience variable workloads, as it eliminates the need for significant capital expenditure on physical infrastructure while providing access to cutting-edge technology and advanced services.
