Virtual private servers, or VPS, offer a number of benefits over dedicated servers and shared hosting plans. For one, it is cheaper than dedicated server hosting. It also offers better security, privacy and reliability than shared hosting plans. There are two types of VPS hosting plans. The first is cloud VPS, where the user relies on the cloud. The service is metered, just like any other utility, so users can use as little or as much as they want. The second type is a traditional server that has been partitioned into several virtual private servers. Whichever option you choose, you can get cheap VPS hosting from a number of providers.
While affordability is a key consideration, the reliability and features of a given package matters a lot. You want the most reliable service that comes with the most advanced features, particularly, storage space, RAM and processing speed.