What are some key benefits of cloud computing? (Select TWO.)

The selection highlighting increased speed and agility as a key benefit of cloud computing is fundamentally accurate. Cloud computing allows organizations to quickly deploy and scale applications without the need for extensive hardware procurement or long lead times. This rapid provisioning of resources enables businesses to respond swiftly to changing market conditions, launch new products, or adjust their operations in an agile manner. By utilizing cloud services, companies can experiment and innovate faster, as they can leverage on-demand resources that support a wide range of workloads and applications.

In terms of additional advantages, the ability to scale globally is also significant. Cloud platforms provide infrastructure that can seamlessly accommodate a growing number of users, data, and workloads across various geographical locations. This global reach not only supports enterprise growth but also ensures consistency and performance for users around the world.

The other options, while they may relate to certain aspects of technology, do not represent core benefits of cloud computing in the same way. Many organizations still need to address physical security independently, as moving data to the cloud can pose new security challenges. Similarly, while cloud solutions may offer potential for reduced IT costs through optimized resource allocation, the actual cost savings can vary based on usage patterns and specific business decisions.