The correct answer is: True.
Cloud computing is the on-demand delivery of IT resources over the Internet with pay-as-you-go pricing. Instead of buying, owning, and maintaining physical data centers and servers, you can access technology services, such as computing power, storage, and databases, on an as-needed basis from a cloud provider like Amazon Web Services (AWS).
One of the reasons for the widespread adoption of cloud computing is its ability to provide resource allocation dynamically from a pool of VM resources. This means that you can quickly and easily scale your IT resources up or down as needed, without having to make a large upfront investment in hardware.
For example, if you are running a website that experiences a sudden increase in traffic, you can quickly add more virtual machines to your cloud environment to handle the load. Once the traffic subsides, you can then remove the extra virtual machines, saving you money.
Another advantage of cloud computing is that it is a pay-as-you-go service. This means that you only pay for the resources that you use, which can help you to reduce your IT costs.
Overall, cloud computing is a powerful tool that can help you to save money, improve efficiency, and scale your business more easily. If you are not already using cloud computing, I encourage you to learn more about it and consider whether it is right for your business.