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3 types of cloud computing models: Which is right for your business?

Can't make heads or tails of the cloud? Learn about the three types of cloud computing services.

By Melissa Hillebrand | Updated on July 31, 2014

If you aren’t well-versed in tech speak, the cloud may bring to mind images of programs that are just floating around–somewhere. You may have heard of it–and even use it–but don’t know how to describe what it means or what it offers.

Cloud computing relies on shared resources over a network. Moving to the cloud allows businesses to avoid infrastructure costs and make the most of limited IT budgets. According to a recent Novarica survey of 96 insurance CIOs, about half of insurance carriers use the cloud.

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