What is Tenancy in context of cloud computing ? Compare Multi-Tenancy model and Single Tenancy model of resource sharing

In the context of cloud computing, tenancy refers to how computing resources are shared or allocated among different users (also known as tenants). It defines the architecture or model in which software applications, storage, and computing power are managed for users who are accessing the cloud service. Essentially, tenancy explains how the resources are distributed—whether dedicated to one user or shared among many—depending on the model used by the cloud provider.

There are two main tenancy models in cloud computing: Single-Tenancy and Multi-Tenancy. These models play a critical role in defining the efficiency, security, scalability, and cost-effectiveness of cloud services. The choice between these models can significantly influence the design, development, and deployment of Internet of Things (IoT) applications.

IoT systems rely on massive amounts of data being collected from various devices and analyzed in the cloud. Thus, understanding tenancy models becomes essential when designing IoT platforms because the underlying cloud infrastructure must be both scalable and secure. Below is a detailed comparison between the Single-Tenancy and Multi-Tenancy models in the context of Cloud Computing and IoT.

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### Single-Tenancy Model

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