Why are More Enterprise Organizations Virtualizing Mission-Critical Applications in the Public Cloud?

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In the last few years a growing number of larger corporations and multinationals have moved a substantial percentage of tier two applications to the public cloud. The pay-as-you-go model of usage-based pricing provides an elasticity that is extremely cost-effective. This savings that the scalability and multi-tenancy of public cloud computing provide, is the main draw for all organizations to outsource to cloud hosting, and a driving force for the virtualization of tier one applications.
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