Model: Cloud Computing benefits
July 26th, 2022
(compare with Model: AWS Cloud Value Framework)
(compare with Model: 4 benefits of cloud computing)
Cloud Computing Benefits
variable expenses (vs upfront expenses)
cost optimization (don't invest in maintaining data centers)
capacity (peak use vs rest of year)
economies of scale (AWS buys a lot, can get that cheaper)
Speed and agility (time between wanting resources vs having resources)
Global in minutes
(1) variable expenses
upfront expenses - invest before using
variable expenses - pay what you use
(2) cost optimization
invest
run data centers
applications
customers
no need to invest in "run data centers"
very few businesses have a core business in running servers
(3) capacity
peak use
eg. retail at Christmas period
guess your peak use needs
scale in and out as needed
(4) economies of scale
AWS passes on savings to customers
if you buy 1 laptop, you pay the shop price
if you buy 10, you might get a special price
if you buy 1000, you will get a lower price
pay "normal" price based on only your usage
benefit (partially) from aggregated use (all AWS customers)
(5) Speed and agility
time between wanting and having resources
data centers: weeks
cloud: minutes
(6) Global in minutes
deploy worldwide
use AWS global infrastructure