In simple terms, Cloud hosting means that you store your information and run applications from a remote server that is available through the Internet rather than from your local server or desktop computer. 

It provides various opportunities, such as flexibility, scalability, and budget efficiency, which could lead to substantial cost savings. If people are online, they can use the database and applications they need from anywhere, making collaboration more efficient. 

Cloud hosting providers handle hardware maintenance and security. Thus reducing the burden on users. For instance, data warehouse and processing power are easily adjusted based on needs, giving businesses the capability to adapt quickly to change. 

In general, cloud hosting tends to operate more effectively while creating accessibility for users.