Economic Aspects of Implementing Cloud Solutions in Business Operations
Year: 2024
Type: article
Abstract: The article examines the economic implications of adopting cloud solutions in business operations. It analyzes the benefits of transitioning from capital expenditures (CapEx) to operational expenditures (OpEx), which enhances financial flexibility and aligns costs with actual usage. The risks associated with migrating to the cloud are considered, including increased vulnerabilities in the security system and the costs of regulatory compliance. A comprehensive Total Cost of Ownership (TCO) analysis is emphasized as essential for assessing the economic viability of cloud adoption. The article highlights the importance of strategic planning to maximize the advantages of cloud computing while mitigating its financial risks.
Author: Verner D.
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W6893038805
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