Cloud Economics

Cloud Economics refers to the financial principles and strategies involved in using cloud computing services. It helps organizations analyze and optimize costs related to acquiring, operating, and scaling cloud resources like servers, storage, and applications. By evaluating factors such as pay-as-you-go pricing, resource utilization, and potential savings from cloud features, businesses can make informed decisions to maximize value and keep expenses aligned with their needs. Essentially, Cloud Economics enables organizations to manage technology costs effectively while leveraging the flexibility and scalability of the cloud.