Q. Consider the following statements about Cloud Computing:
  1. It is a service that is generally offered by a third party
  2. It includes only Software and not hardware
  3. It is generally offered on one to one basis
Which among the above statements is/ are correct?

Answer: Only 1
Notes: Cloud computing with reference to IT is a service generally offered by a third party — typically a Technology Services Provider — and offered on subscription basis by leveraging the internet. The key proposition is to move away from expensive, capex heavy, on-premises options to affordable, cost- efficient arrangements that are offered on a one-to-many basis. It is a misperception that cloud computing refers to only software; it includes hardware as a service enabling computing on demand.