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What is the difference between scalability and elasticity?

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Scalability is a characteristic of cloud computing which is used to handle the increasing workload by increasing in proportion amount of resource capacity. By the use of scalability, the architecture provides on demand resources if the requirement is being raised by the traffic. 

Elasticity is a characteristic which provides the concept of commissioning and decommissioning of large amount of resource capacity dynamically. It is measured by the speed by which the resources are coming on demand and the usage of the resources.

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Scalability is a characteristic of cloud computing that is used to handle the increasing workload by increasing the proportion of resource capacity. Using scalability, the architecture provides on-demand resources if the traffic raises the requirement.

Elasticity is a characteristic that dynamically provides the concept of commissioning and decommissioning a large amount of resource capacity. It is measured by the speed at which the resources are on demand and the usage of the resources.

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