Cloud service providers handle hardware maintenance, software updates, and security patches, reducing the burden on internal IT teams and associated maintenance costs. Businesses can also avoid the costs associated with owning and managing physical infrastructure, such as power, cooling, and physical security.

Cloud services typically include built-in redundancy and failover mechanisms to ensure high availability and reliability. Service Level Agreements (SLAs) guarantee uptime and provide compensation for downtime, minimizing the risk of service interruptions.

Cloud computing facilitates rapid deployment of applications and services, reducing time to market for new products and features. Development teams can leverage cloud-native technologies and DevOps practices to accelerate software delivery cycles and iterate quickly.

Cloud platforms offer compliance certifications and frameworks for various industries and regions, simplifying compliance with regulatory requirements such as GDPR, HIPAA, SOC 2, and PCI DSS. Cloud providers often provide tools and resources to help businesses assess and maintain compliance with relevant standards.