The rapidly expanding cloud hosting industry is expected to grow nearly 20% this year to almost $250 billion in worldwide revenue, fueled largely by the proliferation of data in Internet-of-Things devices, artificial intelligence, and Software-as-a-Service business applications. Nearly 40% of small and medium businesses utilize some form of cloud hosting, which provides operational agility in the forms of improved collaboration, the ability to work remotely, better control of documents, and a reduced carbon footprint.
The major benefit cloud hosting offers over shared hosting is that it allows you to utilize the resources of multiple servers, rather than being limited to a single server. With cloud hosting, you can monitor and allocate additional resources easily, allowing for unlimited expansion and growth. You have total control over your usage, with no surprises.
Rather than being hosted on one single instances of a physical server, hosting is delivered on a virtual partition which draws its resource, such as disk space, from an extensive network of underlying physical servers. If one server goes offline it will have no effect on availability, as the virtual servers will continue to pull resource from the remaining network of servers.