Quicker time to value for applications.2. Permits multi-tenancy within separate, secure environments.3. Pay only for what you use.4. They are more scalable since they are hosted on the cloud.5. You can continue using existing business applications instead of having to build new ones.6. It gives you more control over the user experience (UX).7. You don’t need to pay for infrastructure overheads and maintenance.8. Access to technical support and self-learning resources.