👉 Leasing computing refers to a cloud computing model where businesses lease computing resources, such as servers, storage, and networking equipment, from a third-party provider on a subscription or pay-as-you-go basis. This approach allows companies to access scalable computing power without the need for significant upfront capital investment in hardware. Leasing typically involves a long-term contract with regular payments, providing predictable costs and flexibility to scale resources up or down based on demand. This model benefits organizations by optimizing resource utilization, reducing maintenance and management overhead, and enabling them to focus on core business activities rather than infrastructure management.
