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Describe the differences between virtualization and cloud computing.
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Accounting Information Systems
Edition: 14th
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Virtualization takes advantage of the power and speed of modern computers to run multiple systems simultaneously on one physical computer. This cuts hardware costs, because fewer servers need to be purchased. Fewer machines mean lower maintenance costs. Data center costs also fall because less space needs to be rented, which also reduces utility costs. Cloud computing takes advantage of the high bandwidth of the modern global telecommunication network to enable employees to use a browser to remotely access software (software as a service), data storage devices (storage as a service), hardware (infrastructure as a service), and entire application environments (platform as a service).
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