High Availability - Ensures services stay online and accessible almost all the time, Scalability - Costs increase with usage in a predictable way, Rapid Elasticity - Automatically adjusts to changing demand without loss of performance, Resource Pooling - Allows multiple customers to efficiently share computing resources, Public - Cloud that is deployed for shared use by multiple independent tenants (without exclusivity), Private - Cloud used exclusively by one organization, Community - Cloud shared by organizations with similar goals or needs, Hybrid - Combines private, public, or community cloud types, Hypervisor - General term: this manages virtual machines and system resources, Type 1 Hypervisor - Hypervisor type that runs directly on hardware (bare metal), Type 2 Hypervisor - Hypervisor type that runs on top of an existing operating system, PaaS - Provides the tools to build and deploy web applications, SaaS - Delivers apps via the web; no local install needed, IaaS - Provides virtualized hardware for rent, Measured service - Charged by time period (e.g., monthly or yearly), Metered service - Charged based on actual usage (e.g., per GB),

Competency 2: Cloud Computing Upgraded

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