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The Economics, Concepts and Fundamentals of Cloud Computing

April 10, 2018

Enthusiasm for cloud computing has as much to do with economics as technology. Growth in the number of applications and the volume of data that must be managed have made datacenters a major item of corporate expense. Figuring out the fundamentals of cloud computing could help reduce some of these costs.

The concept of cloud computing is straightforward: you replace capital-intensive IT assets that must be internally managed with rented “pay-as-you-go” IT capacity and services at commoditized prices.

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