Benefits of moving to cloud

Few of the advantage of using cloud are

• Cost-Effective: Pay-as-you-go - It is consumption based model. 
• Scalable: Support both vertical & horizontal scaling
• Elastic: It is easy to scale in & scale out depending on business need.
• Reliable: data backup, disaster recovery and data replication
• Reduced IT workforce - Cloud provider is responsible for maintaining physical hardware.

Reference: https://docs.microsoft.com/en-us/learn/modules/principles-cloud-computing/3-benefits-of-cloud-computing