Cloud computing advocates often cite cost savings as a reason to adopt cloud computing. But, there is no guarantee that any given project can be more cheaply executed using cloud computing than using traditional IT provisioning. This week, we will discuss how cloud computing economics might apply to your organization or situation.
First, please read this white paper from Amazon: The Well-Architected Framework - Cost Optimization Pillar [1]. This document is part of a series available here [2] on best practices for using AWS's infrastructure services. Also, if you have purchased the optional textbook The Cloud at Your Service, please read chapter 3, "The business case for cloud computing". Despite the title, it gives a reasonably objective view of how cloud computing costs break out for different kinds of users (start-ups, small and medium businesses, large businesses).
Second, please post your reaction in the lesson discussion in Canvas on the topic below