The attraction also lies in not having to absorb up-front costs related to IT hardware

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Cloud computing is attractive to many organizations because it puts the focus on business processes and the delivery of goods and services instead of on the underlying technology that makes it all happen.
The attraction also lies in not having to absorb up-front costs related to IT hardware, software, and licensing, as well as other costs related to IT system installation, configuration, and ongoing maintenance.

The attraction also lies in not having to absorb up-front costs related to IT hardware