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What Is Public Cloud Computing?

Public cloud is a deployment model that draws on the compute resources of a cloud service provider (CSP). The resources are delivered over the internet, as a service. Public cloud deployments are typically managed on a pay-per-use basis that incurs operating expenses (OpEx) but does not require an investment in hardware as a capital expense (CapEx.) The user organization contracts with the CSP to gain access to the servers and supporting technologies that are owned and maintained by the CSP.

What Is Public Cloud? – Intel