MCQ IN COMPUTER SCIENCE & ENGINEERING

COMPUTER SCIENCE AND ENGINEERING

CLOUD COMPUTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is called as the sum of all direct and indirect costs of the organization
A
Return on investment
B
Total Cost of ownership
C
Profit & Loss
D
None of the above
Explanation: 

Detailed explanation-1: -The total cost of ownership (TCO) is the cost to buy something plus the cost to operate it over its useful life. The idea is to take into consideration the total cost that a business will incur to operate an asset, not just the upfront acquisition cost.

Detailed explanation-2: -A total cost of ownership (TCO) model of storage provides a way to understand how customers make purchasing decisions by looking all the costs associated with purchasing and running IT equipment.

Detailed explanation-3: -An estimate of the total cost of the goods, services or works over the whole of their life.

Detailed explanation-4: -Cloud TCO is a formula from Cloud Economics used to calculate all costs and benefits related to a cloud computing project. It is used to determine the true, all-in costs which then can be compared to alternatives.

There is 1 question to complete.