There are two types of computing environments, and they are on-premises computing and in cloud computing. The former is the conventional method of computing in which the process is done and managed by you or your company. The documents and files will be saved either on a PC or local area network. In the latter, the applications and files are stored remotely on the internet and it can be operated by accessing these files by logging into the network. The cloud services are rendered by companies that are into cloud hosting. The advantages of cloud computing are as follows:

Cloud computing is cost effective
You can run applications or access the files that are stored remotely from any location
You need not have technical knowledge
Cloud computing render a better performance
Cloud computing is famous for its scalability

Due to these advantages, cloud computing is has been adopted rapidly in the recent years. The industry experts suggest that the growth rate of cloud IT spending is soon to reach four times than that of the on-premises computing. By the year 2017, it is exacted that the annual growth rate of cloud computing spending will account to one sixth of the overall IT products spending such as basic storage, system infrastructure software, and applications. Though there is a rapid growth, you might be wondering if it is safe to use the cloud computing service. A short and crisp answer to your question is that cloud computing is as safe as on-premises computing, but the threats involved in this type are different.