This report provides a comprehensive overview of cloud computing, beginning with an introduction that defines cloud computing as server hosting on the internet and its client-server architecture. It details various functions, including data sharing, security, fast business responses, cost-effectiveness, and disaster recovery processes. The report then explores the advantages of cloud computing, such as cost efficiency, unlimited storage capacity, easy backup and recovery, software integration, and improved security. Conversely, it highlights the disadvantages, including internet requirements, technical problems, security concerns, and potential cost comparisons with in-house applications. The conclusion emphasizes the benefits of cloud computing for organizations of all sizes, summarizing its ability to develop, update, install, and manage various services efficiently, making it a valuable tool for modern businesses and individuals. This assignment, available on Desklib, offers a detailed analysis of cloud computing's multifaceted nature, equipping students with the knowledge to understand its implications.