Suppose you are the owner of a media company and in the late night around 2-3 am your server is down. You wont get notified until morning. Later, when you came to know about this fault.
It will take another few hours to correct the fault in the server’s. Thus, in short a small failure in your servers and lack of man hand management could cost you in million’s.
Not only money but your reputation will also be at stake due to management issues of your servers. There comes cloud technology to the rescue.