Question

What are some of the cost management considerations in cloud computing

Answer 1

Cost management considerations in cloud computing are the following:

(i) Application development and maintenance as cloud computing is not limited to on-premise installation. The software license purchase is also a considerable factor.

(ii) Human resource and existing skill.

(iii) Operational cost of the cloud services when the system is active.

(iv) Cost associated with risk and compliance issues.

(v) Initial set-up cost.

(vi) Management of role-based access management and authorization.

(vii) System maintenance cost and downtime.

(viii) Management of the underlying database.

(ix) Cost of communication management.

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