What are the benefits of Utility Computing model?

Utility computing isacloud service modelinwhich provider givescomputing resources to users for using on need basis.

Some ofthe main benefits ofUtility computing are:

I. Pay per use :Sincea user pays for only usage, thecost ofUtility computing is pay per use. We pay for the number ofservers of
instances that we usein cloud.
II. Easy to Scale :It iseasier to scale up the operations inUtility computing. Thereis no need to plan for timeconsuming and costly
hardware purchase.
III. Maintenance :InUtility computingmaintenance ofservers is done by cloud provider. So a usercan focus on itscore business. It
need notspend timeand resources onmaintenance ofservers in cloud.

Utility computing isalso known as On-demand computing.