The CSP makes these resources available for a monthly subscription fee or bills them according to usage.Ĭompared to traditional on-premises IT, and depending on the cloud services you select, cloud computing helps do the following: Cloud computing is on-demand access, via the internet, to computing resources-applications, servers (physical servers and virtual servers), data storage, development tools, networking capabilities, and more-hosted at a remote data center managed by a cloud services provider (or CSP).