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Figure 1 show a comparison of on-premises and cloud procurement models against nonlinear application demand. A comparison of the procurement models for an on-premises deployment and a cloud deployment when mapped against a nonlinear demand curve for an underlying application. Workloads typically follow fluctuating demand curves.
Chief financial officers (CFOs) stress the importance of measuring the value and return on investment of research conducted, but often lament that the true costs of on-premises resources are distributed across various budgets, or masked. Conclusion Researchers seek to push the envelope and see cloud as an instrument to further their research.
Myth 2: Cloud costs more Migrating to AWS can significantly reduce the total cost of ownership (TCO) by up to 66 percent for compute, storage, and networking. Unlike over-provisioning on premises, cloud dynamically adjusts resources, minimizing excess costs.
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