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What are the benefits and challenges that are being derived from adopting cloud computing?? How it will change the way we work. What is data center optimization?

Cloud computing enables companies to consume a compute resource, such as a virtual machine (VMs), storage or an application, as a utility -- just like electricity -- rather than having to build and maintain computing infrastructures in house.
Cloud computing is the practice of using a network of remote servers hosted on the Internet to manage, store and process data rather than a local server and personal computer.
Cloud computing is the general term for delivery of hosted services over the Internet. Cloud computing boasts several attractive benefits for business as well as users.
cloud computing is a kind of outsourcing of computer programs. Using cloud computing, users are able to access data from wherever they are; the computer programs are being hosted by an outside party and reside in the cloud. This means that users do not have to worry about things such as storage and power, they can simply enjoy it.
Cloud computing is a general term for the delivery of hosted services over the internet. It is the delivery of computing services like servers, storage, databases, networking, software, analytics and more over the Internet.