Cloud computing has five main characteristics that make it flexible and efficient. These are On-Demand Self-Service, Broad Network Access, Resource Pooling, Rapid Elasticity, and Measured Service.
On-Demand Self-Service lets users create resources whenever needed. Broad Network Access allows access from anywhere using the internet. Resource Pooling shares cloud resources among multiple users. Rapid Elasticity lets resources increase or decrease based on demand.
Measured Service tracks resource usage, so customers pay only for what they use. These characteristics make cloud computing cost-effective, scalable, and reliable for individuals and businesses.