ECONOMIC ASPECTS OF IMPLEMENTING CLOUD SOLUTIONS IN BUSINESS OPERATIONS

The article examines the economic implications of adopting cloud solutions in business operations. It analyzes the benefits of transitioning from capital expenditures (CapEx) to operational expenditures (OpEx), which enhances financial flexibility and aligns costs with actual usage. The risks associated with migrating to the cloud are considered, including increased vulnerabilities in the security system and the costs of regulatory compliance. A comprehensive Total Cost of Ownership (TCO) analysis is emphasized as essential for assessing the economic viability of cloud adoption. The article highlights the importance of strategic planning to maximize the advantages of cloud computing while mitigating its financial risks.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-09-30
DOI
https://doi.org/10.5281/zenodo.13860732
Primary Topic
Economic and Technological Systems Analysis
Type
article
Field-Weighted Citation Impact
0.00
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article

ECONOMIC ASPECTS OF IMPLEMENTING CLOUD SOLUTIONS IN BUSINESS OPERATIONS

Zenodo (CERN European Organization for Nuclear Research)
Economic and Technological Systems Analysis
article

ECONOMIC ASPECTS OF IMPLEMENTING CLOUD SOLUTIONS IN BUSINESS OPERATIONS

article en

Abstract

The article examines the economic implications of adopting cloud solutions in business operations. It analyzes the benefits of transitioning from capital expenditures (CapEx) to operational expenditures (OpEx), which enhances financial flexibility and aligns costs with actual usage. The risks associated with migrating to the cloud are considered, including increased vulnerabilities in the security system and the costs of regulatory compliance. A comprehensive Total Cost of Ownership (TCO) analysis is emphasized as essential for assessing the economic viability of cloud adoption. The article highlights the importance of strategic planning to maximize the advantages of cloud computing while mitigating its financial risks.

Zenodo (CERN European Organization for Nuclear Research)
Openalex Percentile: Top 48%
Economic and Technological Systems Analysis
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ECONOMIC ASPECTS OF IMPLEMENTING CLOUD SOLUTIONS IN BUSINESS OPERATIONS · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS