Cloud services can be cost-saving - often offering significant reductions over running services on premise.

Study for the SPEA-V 369 Managing Information Technology Exam. Prepare with multiple choice questions and flashcards, each with hints and explanations. Ready yourself for success!

Multiple Choice

Cloud services can be cost-saving - often offering significant reductions over running services on premise.

Cloud services can be cost-saving because they convert large up-front hardware investments into predictable operating expenses, and you pay only for what you actually use. This elasticity lets you scale resources up or down with demand, while maintenance, updates, and infrastructure management are largely handled by the provider. By eliminating underutilized capacity and the ongoing costs of power, cooling, space, and staff to operate on-premises, many workloads see significant reductions in total cost of ownership. There are scenarios where on-prem could be cheaper, especially with consistently high, steady usage and optimized data patterns, but in general cloud offerings trend toward cost savings, which is why this statement is true.

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