Benefits of Consuption-based model Flashcards

1
Q

What are the benefits of the consumption-based model in the cloud?

A

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.

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2
Q

What is scalability in the consumption-based model?

A

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.

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3
Q

How does the consumption-based model offer cost-effectiveness?

A

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.

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4
Q

What is the flexibility aspect of the consumption-based model?

A

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.

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