<ul><li>Virtualization is the creation of a virtual version of a computer resource.</li><li>Scalability allows a system or network to handle increased workload by adding resources.</li><li>Agility refers to quickly adapting to changes in the system, like scaling resources.</li><li>High Availability and Fault Tolerance ensure system continuity and minimal disruptions.</li><li>Global Reach pertains to the ability of a cloud service provider to offer services worldwide.</li><li>Scalability is about handling growth, while Elasticity is about adjusting resources dynamically based on current demand.</li></ul>

Key Cloud Computing Concepts.

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