I have used shared hosting for over 7 years before I finally decided to upgrade to a VPS server. When I was using shared hosting, I had so many problems with malware, slow loading time, brute force attacks and so many other issues. Now, my life is so much easier with VPS. What amazes me the most is the support team; they simply exceed my expectations and they are ALWAYS available to answer my questions.

With Cloud VPS, if a parent server has 64 processing cores, it can host up to 64 instances. Each instance is allocated its own bandwidth and storage, so your performance won’t be affected by other companies on the server in the way it might with shared hosting. You also get more bandwidth and storage since the hosting company is limited on the number of instances they can create on each parent server.
With VPS, you pay for what you use in the sense that you select a certain amount of bandwidth and storage to be allocated in advance. Scaling involves resizing your resources. But with cloud hosting, you pay for what you use in that your resource levels are not pre-determined, which means unpredictable pricing that tends to be more costly than VPS due to the overhead and complexity involved.
A VPS doesn’t just have more RAM, disk space, and a  proprietary share of CPU than a shared account. Depending on the provider, some VPS plans offer burstable memory, which is a pool of RAM set aside for extraordinary events. This is the stuff that can help counter the so-called “Digg-effect,” that much-whispered about occurrence that’s the simultaneous hope and fear of everyone who runs a web site. When you have an unexpected high traffic event, burstable memory will call on a pool of reserved, shared memory to satisfy the needs of temporary high traffic. This is not available on shared servers and, while the necessary memory is available on a dedicated server, your site might not get the kind of traffic on a daily basis to justify the expense of a dedicated server. Again, not all VPS plans have burstable memory, so ask your provider if their VPS plans do.