Glossary
- Utility Computing
- Utility computing is a metered service where computing or storage resources are provided on a needed basis similar to the way public utilities (water, electricity, telephone, etc.) are provided to homes and paid for as they are used. The purest form of utility computing requires two service characteristics metered billing and dynamic resource allocation. Customers of utility computing are not billed for a specific computer or server but are billed just for the computing or storage facilities and cycles used. In the simplest terms, utility computing implies the capability to use more resources temporarily and on-demand during peak periods.
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