What is a key benefit of cloud computing?

A key benefit of cloud computing is that it reduces the need for local hardware. This is because cloud computing enables users to access software and storage solutions via the internet rather than relying on physical servers or other hardware located on-site. By utilizing cloud services, organizations and individuals can leverage powerful computing resources and applications hosted on remote servers. This not only saves on costs associated with maintaining local hardware but also allows for easier scalability and access to the latest technologies without significant upfront investment.

The other options highlight aspects that are not aligned with cloud computing's advantages. For example, cloud computing generally requires an internet connection, making offline capabilities less relevant. It does not eliminate the need for internet connectivity, as access to cloud services typically depends on being online. Additionally, while cloud services provide extensive storage solutions, they do not increase local storage capacity, as the data is stored remotely rather than on local devices.