MCQ IN COMPUTER SCIENCE & ENGINEERING

Detailed explanation-1: -Cloud Computing Pricing models have been broadly classified as: Pay-as-Use, Subscription Based, Hybrid pricing model.

Detailed explanation-2: -Subscription-based pricing is commonly used for cloud computing. In a subscription-based model, cloud customers pay upfront, prior to receiving access to cloud services. Prices are often based on the subscription’s length. A longer subscription often translates to a lower cost.

Detailed explanation-3: -IaaS, PaaS and SaaS are the three most popular types of cloud service offerings. They are sometimes referred to as cloud service models or cloud computing service models.

Detailed explanation-4: -Expenditure-based cloud pricing cost models are focused on three pricing strategies common in the retail sector: cost-plus, target return and percentage cost. The more profitable a client is, the more value the vendor can derive from the cloud provider contract.