Business Economics 101
To better understand the business and economics impacts of the cloud, you should first understand several key terms. The following sections examine key business concepts and their impact associated with the cloud.
Total Cost of Ownership (TCO)
Computer hardware and software have associated direct and indirect costs. For example, when you purchase a network-attached disk drive, you have the direct costs of the hardware device, plus, possibly, a warranty. Before you purchased the device, you likely spent time researching the device, shopping, and finally placing your order, which then required a tax and shipping expense. After the device arrived, you spent time installing, configuring, and testing the device. Finally, the ...
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