Final answer:
Cloud computing refers to using remote servers on the internet for data storage and processing. It benefits individuals by providing easy access to data and software, and companies with cost savings, efficiency, and enhanced collaboration.
Explanation:
Cloud computing is the practice of utilizing remote servers on the internet to store, manage, and process data rather than a local server or personal computer. It allows users to access data and applications from any device with an internet connection, providing flexibility and scalability.
For individuals, cloud computing enables seamless access to files, email, and software from anywhere, on any device. It eliminates the need to rely solely on physical storage devices and allows for easy collaboration and sharing of documents.
For companies, cloud computing offers cost savings, increased efficiency, and improved collaboration among employees. It allows for remote work, automatic software updates, and enhanced data security through centralized storage and backups.
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