Cloud Computing Economics and Trends

For this Assignment, you will start work on your Final Paper by developing a high-level summary of potential research topics that can form the foundation for your paper. You will submit your summary of research topics to your Instructor, who will reply with feedback and suggestions for you to integrate into your work.

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Current Topic:
Cloud Computing Economics and Trends

What my final paper will be on:
Network and Infrastructure Security in the Commercial Cloud Environment

SAMPLE SOLUTION

Cloud Computing Economics and Trends

Cloud computing economics is guided by two main principles: economics of scale and global reach. Through the economics of scale, the cloud providers help the organization save the operation cost since it aids in purchasing massive computing resources at a lower cost (Bataev et al., 2018). By utilizing the shared resources, businesses can avoid the substantial upfront cost of purchasing their infrastructure. Moreover, cloud computing utilizes the pay-as-you-go pricing model where companies only pay for the resources that they actively use and scales them up or down based on the need (Bataev et al., 2018). In terms of global outreach, cloud computing brings about substantial savings to the business. The saving is achieved since the business no longer needs to house servers, among other infrastructures, and does not need the facilities required to house these premises (Varghese & Buyya, 2018). The cloud computing resources can be accessed…

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