Benefits of Cloud Computing for Business

What is one of the primary financial benefits of cloud computing for businesses?

• Increased capital expenditures

• Reduced need for physical infrastructure investment

• Higher costs for data storage

• Increased need for on-site IT staff

How does cloud computing affect the scalability of a business's data management?

• It limits the ability to scale data storage

• It offers virtually limitless scalability

• It requires physical expansion for scalability

• It makes scaling data management more complex

Which of the following is a key advantage of cloud computing in terms of cost management?

• Fixed costs for all services

• Pay-as-you-go model

• High upfront investment

• Increased maintenance costs

What type of expenditures does cloud computing help businesses shift towards?

• Capital expenditures

• Revenue expenditures

• Fixed expenditures

• Unpredictable expenditures

Why is flexibility an important advantage of cloud computing for businesses?

• It requires more physical space

• It allows easy adjustment of data needs

• It limits the ability to change data storage

• It increases dependency on physical servers

Which of the following is NOT a benefit of cloud computing for businesses?

• Increased physical infrastructure

• Cost efficiency

• Scalability

• Flexibility

How does cloud computing impact the need for physical data centres?

• Increases the need for more data centres

• Reduces the need for physical data centres

• Has no impact on data centre requirements

• Requires more on-site data management

What is a significant advantage of cloud computing in terms of business operations?

• Increased complexity in data management

• Simplified scaling of operations

• Higher costs for data processing

• Limited data storage options

In what way does cloud computing provide flexibility to businesses?

• By requiring fixed data storage capacities

• By allowing dynamic adjustment of resources

• By increasing dependency on hardware

• By limiting data processing capabilities

What is a common financial model used in cloud computing that benefits businesses?

• Lump-sum payment model

• Subscription-based model

• Pay-per-use model

• Fixed-rate model