Benefits of Consuption-based model Flashcards
What are the benefits of the consumption-based model in the cloud?
The consumption-based model offers scalability, cost-effectiveness, and flexibility. Users only pay for the resources they use, allowing for efficient resource allocation and cost optimization.
What is scalability in the consumption-based model?
Scalability refers to the ability to easily adjust resources up or down based on demand. With a consumption-based model, users can scale resources dynamically to meet changing workload requirements.
How does the consumption-based model offer cost-effectiveness?
Cost-effectiveness is achieved by eliminating the need for upfront investments in hardware and infrastructure. Users can scale resources as needed, avoiding over-provisioning and reducing operational costs.
What is the flexibility aspect of the consumption-based model?
Flexibility allows users to choose from a wide range of services and pay only for what they use. This enables experimentation, innovation, and the ability to adapt to evolving business needs without being locked into long-term contracts.