Migrating to the cloud offers the following cost benefits:
- Efficient hardware utilization: In a cloud environment, the hardware is efficiently utilized and shared among other organizations' computing needs. This optimizes the use of the hardware, which means lower costs for the organization.
- Lower power costs: Better hardware utilization means more efficient power usage. Idle servers waste a lot of power, which is prevented in the cloud environment. Organizations have to pay large costs when the hardware is running in their local data center.
- Lower people costs: In order to maintain the IT infrastructure, talented engineers are hired by the organization. Hiring such engineers is expensive, which is why the ...