For many businesses, cloud services have become the de facto standard for quickly developing and deploying networks, applications and other technological infrastructures.

This quick glossary of common cloud platform terms from TechRepublic Premium will help you get a handle on the vocabulary, so you can understand how these services may affect your business.

From the glossary:

ELASTICITY

The general ability of a cloud computing system to adapt to changing workload demand by provisioning and deprovisioning pooled system resources. Under an elastic system, resources will more closely match current demand and adjust services on the fly as needed.

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