Cloud computing allows to cut exorbitant costs and pay only for the resourced you utilize. After having cloud computing adopted, companies save thousands of dollars after refuse from the physical servers because there is no need anymore
to train personnel to maintain the HW - public cloud provider does it instead.
You can see how cloud computing impacts on your business. Define different metrics like basic performance KPIs (e.g. execution time, speed, elasticity), cloud capability rates (e.g. latency, storage capacity, recoverability), cloud
productivity rates (e.g. QoS of cloud, SLA/Security, productivity), precise budget & spends, CAPEX vs OPEX costs, etc.
Scale up when you need more resources and scale down when there is no demand to save on the operational expenses. You can resize your server capacity without any change in the code and add software / hardware entities, making them
work like a single logical group.
You have an immediate access to data and resourced via Internet or even applications on smartphones (e.g. AWS console or GCP console). This benefit is especially critical for distributed teams or freelancers working on your project.
So work from any place across the globe, as long as you have a good internet connection!
Alignment to modern technologies
Already widely-known and super-hyped technologies like microservices-based architectures, serverless, Kubernetes, GitOps are used commonly in the cloud environment. Sooner or later each organization will be forced to refactor the system
and build cloud-native applications to keep the lights on.
Public cloud providers like AWS Cloud, Google Cloud or Microsoft Azure are indeed trustworthy for their users, providing 99% uptime. Moreover, it's much easier to manage the IT infrastructure through convenient and user-friendly interface.