What are the benefits and drawbacks of opting for a cloud service solution over an in-house IT solution?

Cloud computing is an option for hardware or software and complete information technology (IT) infrastructure solutions. Conduct ample research on the topic of cloud computing, and discuss the following:

  • What are the different types of cloud services?
  • What are the benefits and drawbacks of opting for a cloud service solution over an in-house IT solution?
  • Why is there apprehension among IT professionals about cloud services?