Definition - What does Resource Pooling mean?
Resource pooling is an IT term used in cloud computing environments to describe a situation in which providers serve multiple clients, customers or "tenants" with provisional and scalable services. These services can be adjusted to suit each client's needs without any changes being apparent to the client or end user.
Techopedia explains Resource Pooling
The idea behind resource pooling is that through modern scalable systems involved in cloud computing and software as a service (SaaS), providers can create a sense of infinite or immediately available resources by controlling resource adjustments at a meta level. This allows customers to change their levels of service at will without being subject to any of the limitations of physical or virtual resources.
The kinds of services that can apply to a resource pooling strategy include data storage services, processing services and bandwidth provided services. Other related terms include rapid elasticity, which also involves the dynamic provisioning of services, and on-demand self-service, where customers could change their levels of service without actually contacting a service provider. All of this automated service provisioning is a lot like other kinds of business process automation, which replaced more traditional, labor-intensive strategies with new innovations that rely on increasingly powerful virtual networks and data handling resources. In these cases, the goal is to separate the client experience from the actual administration of assets, so that the process of delivery is opaque and the services seem to be automatically and infinitely available.