Some people are not aware that there are a number of different pricing models for cloud computing. Hardware as a Service b. Large clouds, predominant today, often have functions distributed over multiple locations from central servers. Section 3 describes Cloud Computing Pricing model. 6. Which one of these is not a cloud computing pricing model? Public Cloud . Try this amazing Cloud Computing Knowledge Trivia! This is most common for infrastructure as a service (IaaS) offerings such as IBM SmartCloud Enterprise. The following are the part of OpEx cloud computing costs: 1. Cloud Computing Questions and Answers. With AWS, you can get volume based discounts and realize important savings as your usage increases. 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I used to take time to reflect on the year behind me as the calendar year closed out, […]. Reduce costs by adopting a flexible pricing model for the entire operation. Hope you enjoyed and scored well in our last three parts. Laatikainen et al. Not all clouds are the same and not one type of cloud computing is right for everyone. are gradually becoming widespread due to their convenience. In this post I’m going to explain the four most common cloud computing pricing models. Also explore over 18 similar quizzes in this category. In this post I’m going to explain the four most common cloud computing pricing models. These models are based on similar technology, but they differ in scalability, cost, performance, and privacy. Not just because it was nice “eye candy” in the Network Operations Center (NOC), but because it gives an important geographically-based view of network […], IT managers, does this sound familiar? By using reserved capacity, your organization can minimize risks, more predictably manage budgets, and comply with policies that require longer-term commitments. It is not always clear which cloud model is an ideal fit for a business. Reserved Instances are available in 3 options – All up-front (AURI), partial up-front (PURI) or no upfront payments (NURI). Therefore, applying a fair pricing model will attract more customers and achieve higher revenues for … Cloud Computing focuses to accomplish and to assure the quality of service (QoS) for clients [6]. For a complete list of charges and prices for Amazon EC2, see Amazon EC2 pricing. If you aren’t familiar with this topic, cloud computing is when hardware (servers, storage, etc.) Platform as a Service. environments. In this model, you spin up a public cloud instance for an application, pay up-front for a discounted rate and reserve the instance’s computing capacity for a specified period of time. Select one: a. Amazon EC2 is free to try.There are five ways to pay for Amazon EC2 instances: On-Demand, Savings Plans, Reserved Instances, and Spot Instances.You can also pay for Dedicated Hosts which provide you with EC2 instance capacity on physical servers dedicated for your use. In this section, we will provide an inclusive background on cloud computing key concepts and pricing generally and within the cloud. This is the last part of our Cloud Computing Quiz Series. Someday, cloud computing providers may simplify pricing models. Start studying 9.5.3 - Cloud Computing - Practice Questions - Testout Network Pro. C. Subscription. The Three Types of Cloud Computing Service Models Explained 1. Access to Google's global network, with pricing that works for you. The concept of market-based pricing takes on a new meaning in cloud business models with Amazon.com introducing a spot market for its EC2 services. 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