hat are the economic benefits of the cloud ?
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The economic benefits of cloud computing are
i) Lower operational costs:
It is paid incrementally, and so the technology reduces the overall cost.
ii) Increased storage:
Organisations can store more data in cloud computing compared to other storage systems and hence reduces the purchase of storage systems frequently.
ii) Low energy costs:
Cloud computing uses less electricity. Better hardware utilization results in better power usage.
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