Understanding Cloud Economies

Question 1

When building a data center, an organization invests upfront costs for the building, servers, and supporting equipment. This type of expense to attain a fixed asset is referred to as _________.

Answer 1

Capital Expenditure or CapEx

Question 2

The regular day to day expenses of a business are considered _________. After the initial build of a data center, ongoing connectivity, utility, and maintenance costs would also be this.

Answer 2

Operational Expenditure or OpEx

Question 3

_________ is a user interface for reviewing AWS costs, forecasting future costs, and providing recommendations for cost optimization.

Answer 3

Costs Explorer

Question 4

_________ is a tool for generating a report for making a case to move to the cloud.

Answer 4

TCO Calculator

Question 5

__________ is a tool for estimating the cost of running specific AWS infrastructure.

Answer 5

Simple Monthly Calculator

Question 6

You can segment your AWS costs by adding metadata to your AWS resources. This meta data is called a ________.

Answer 6

Resource Tag

Question 7

Company has multiple departments that work within AWS. Finance is asking for a clean separation of AWS costs between departments. Currently all resources are included within a single AWS account. What approach would meet this need for future costs with minimal effort?

Answer 7

Use Resource Tags

Question 8

Company is considering a transition to the cloud. They currently have two physical data centers that they own and maintain. Stakeholders are questioning whether this approach will save money. Which approach should they take to make a case for the cloud?

Answer 8

TCO Calculator

Question 9

Web developer for a company is looking to move his site to the cloud. Finance is asking for an estimate of costs for this transition to AWS. What approach should he take to get this data to his finance team?

Answer 9

AWS Simple Monthly Calculator