Financial Circumstances in using Cloud

Asked By 10 points N/A Posted on -
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The economic model moves away from a large cushion that will annuitized future value tables comparing to a normal operations or a business as usual approach which concerns a model in cloud with a simple monthly or annual fee.  My question is, with regards with cloud, what can you suggest considering its financial circumstances?

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Answered By 10 points N/A #94383

Financial Circumstances in using Cloud

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Hi Emmamorale,

I will argue that the financial circumstances of cloud computing are much fair as compared to costs that a company will incur in putting in place systems that will be required to support large volumes on information that are expected for growing businesses and organizations. Some of the equipment that these companies may need include more servers, PCs, and other computing equipment to hold the large volumes of data.

Also, with cloud computing, costs for paying and employing more staff will be cut, for the company pays only for the space that the information occupies in a 'cloud'.

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Regards
Lee Hung
 

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