IaaS enables businesses to reduce their IT infrastructure costs by eliminating the need to purchase and maintain physical servers, storage, and networking equipment.

IaaS is characterized by self-service provisioning, pay-as-you-go pricing, and multi-tenancy, allowing businesses to provision and manage their IT resources on demand.

A hypervisor is a software layer that manages virtual machines, allocates resources to them, and provides isolation between them, enabling multiple virtual machines to run on a single physical server.

Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) are leading IaaS providers that offer a wide range of virtualized computing resources and services.

Elasticity in IaaS refers to the ability to scale computing resources up or down as needed, allowing businesses to adjust their resource allocation based on changing demands.

Provisioning is the process of creating and configuring virtual machines in IaaS, typically through a self-service portal or API.

IaaS is used for a variety of purposes, including hosting web applications, running data analytics workloads, developing and testing software, and many other IT workloads.

The underlying physical infrastructure that supports IaaS is referred to as cloud infrastructure, data center, or server farm, depending on the context.

Security in IaaS involves implementing data encryption, access control, network security, and other measures to protect data and resources from unauthorized access and cyber threats.

The process of migrating workloads from on-premises infrastructure to IaaS is referred to as cloud migration, infrastructure migration, or application migration, depending on the specific context.

IaaS can be used for disaster recovery to improve data resilience, reduce recovery time objectives (RTOs), and simplify disaster recovery planning by providing a scalable and reliable infrastructure.

The process of managing and monitoring IaaS resources is referred to as cloud management, infrastructure management, or resource management, depending on the specific context.

IaaS providers typically offer a variety of pricing models, including pay-as-you-go, subscription-based, and per-instance pricing, to suit different customer needs.

The process of optimizing IaaS resource utilization is referred to as resource optimization, capacity planning, or performance tuning, depending on the specific context.

Key trends in IaaS include the increasing adoption of hybrid cloud models, growing demand for managed services, and the emergence of serverless computing, which is a cloud computing model that allows businesses to run code without managing servers.