The Cloud is simply storage on the Internet. There are a couple of advantages to cloud storage:
– if your computer crashes your files are not lost
– the files are available from anywhere in case you want to work at home or on vacation
But the cloud goes beyond just storage. Many software companies are now offering cloud-based apps. For example, rather than install your accounting software (QuickBooks, etc) on your local computer, you could buy a subscription. Of course, then you can only use it when you’re connected to the Internet.