Which two statements accurately describe the relationship between cloud computing and traditional on$-$premises IT setups? $($Choose two.$)$

Adopting cloud computing means businesses must discard all their on$-$premises infrastructure and transition fully to the cloud.

Both cloud computing and traditional on$-$premises setups can coexist in a hybrid cloud model, allowing organizations to benefit from the strengths of each approach.

Cloud computing allows organizations to offload some or all their IT resources to remote servers, reducing the need for maintaining extensive on$-$premises infrastructure.

Cloud computing is just a marketing term for traditional web hosting services, and there is no significant difference between the two.

Traditional on$-$premises setups are inherently more secure than cloud computing because the data never leaves the company's physical premises.

With cloud computing, organizations lose the ability to customize applications and services to fit their specific needs.