Common use of Hosting Package Clause in Contracts

Hosting Package. (What’s included). F&S provides cloud computing for on-demand delivery of IT resources over the Internet with pay-as-you-go pricing, billed monthly. Instead of buying, owning, and maintaining physical data centers and servers, you can access technology services, such as computing power, storage, and databases, on an as-needed basis from one of F&S’s cloud providers. Hosting from F&S provides Infrastructure as a Service (IaaS) containing the basic building blocks for cloud computing. Providing access to networking features, servers (virtual or on dedicated hardware), and data storage space.