For all organizations, economy is an important driver, one that sets the limits for what is possible and provides future goals. The same is the case with cloud computing. For the cloud to be a viable option, it has to be economically attractive. In this chapter, we look at what that means and how the cloud can benefit an organization from an economic perspective. We also look at the practical consequences and consider the possibilities that exist for managing and optimizing the economy in the cloud. There are different features that allow organizations to get insight into and control the economy ...
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