EMERGING TRENDS IN SOFTWARE ENGINEERING
CLOUD COMPUTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pay as you grow
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Pay on demand
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Cash on delivery
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Credit scoring
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Detailed explanation-1: -Pay-as-you-go cloud computing (PAYG cloud computing) is a payment method for cloud computing that charges based on usage. The practice is similar to that of utility bills, using only resources that are needed.
Detailed explanation-2: -Pay-as-You-Go is not Pay-Per-Use, the model used by electric utilities and web services companies that provisions a service for each use. The main difference: pay-as-you-go transfers ownership to the customer over time, or becomes permanently unlocked.
Detailed explanation-3: -Pay-As-You-Go In this model, cloud services are billed per actual usage. Cloud services may bill for utilization of computing power, storage, networking, or other resources. The advantage is that you only pay for actual usage, and can scale down resources when needed.