You are an IT manager at a medium$-$sized manufacturing company that is looking to migrate its on$-$premises data processing infrastructure to a more scalable and cost$-$effective solution. The company operates a large number of machines on the factory floor, generating vast amounts of data that need to be processed and analyzed in real$-$time to optimize production efficiency.

The company's current on$-$premises infrastructure struggles to handle the increasing volume of data and requires frequent hardware upgrades, resulting in high capital expenditure and maintenance costs. The management team is considering migrating to a more flexible and scalable computing solution to address these challenges.

Given this scenario, let's compare grid computing and cloud computing