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Why Startups and Banks Rent Cloud Servers Instead of Buying Their Own

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Cloud computing delivers IT resources such as servers, storage, and databases over the internet on demand, eliminating the need for businesses to purchase physical hardware. Companies pay only for what they use, shifting costs from large capital expenditure to flexible operational spending. Major providers including AWS, Microsoft Azure, and Google Cloud Platform manage the underlying infrastructure on behalf of their clients. Key features like elasticity, high availability, and fault tolerance allow applications to scale automatically, stay online during failures, and recover without human intervention. This model enables startups, financial platforms, and independent creators to launch and grow quickly without investing millions in physical infrastructure.

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Why Startups and Banks Rent Cloud Servers Instead of Buying Their Own · ShortSingh