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Economics of cloud computing
As CIOs and managers review their IT budgets and strive to cut costs, a cloud computing architecture can be attractive given zero up-front capital costs for hardware and software and multi-tenant, pooled-resources for flexible scaling up or down. Cloud providers claim it also lowers IT staffing requirements. Get news and resources on the cost-saving benefits of cloud computing but also the potential higher costs and risks of a cloud environment, including loss of control of your infrastructure and lack of in-house IT expertise when you need it. This topic also covers the economics of cloud computing and EC2 pricing.
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