Resource management cloud (RMC) provides businesses with tools to optimize their IT resource usage, reduce costs, and improve performance. Some key benefits of RMC include cost savings through more efficient management, improved efficiency via a single view of all resources, and reduced risk by centralized access control and auditing. RMC automates resource discovery, allocation, monitoring, reporting, and budgeting. It helps match workloads with the best provisioning plan of on-demand, reserved, or spot resources based on requirements, budget, flexibility needs, and reliability constraints. Various scheduling and load balancing techniques can also improve quality of service by reducing wait times and increasing availability and performance when distributing tasks across servers.