👉 Paid computing, also known as cloud computing with a paid model, refers to the practice of using cloud-based services and infrastructure exclusively for commercial purposes, where businesses pay for the resources they utilize rather than owning them outright. This model typically involves subscribing to a cloud service provider's offerings, such as computing power, storage, databases, and software applications, on a pay-as-you-go basis. This approach allows companies to scale their IT resources up or down based on demand, pay only for the services they use, and avoid the capital expenditure associated with maintaining physical hardware. Paid computing offers flexibility, cost efficiency, and access to advanced technologies without the need for significant upfront investment.
