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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What is pay-as-you-go model?
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You need to pay everything upfront
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No need to pay, until you use it
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Use and pay sometime later
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After use some functions in cloud, you need to pay immediately
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Explanation:
Detailed explanation-1: -This is the most common form of PAYG model where users pay only for the resources that are actually provisioned and operational. For example, if a cloud user provisions a VM instance, users will pay for that VM each month for the duration of that allocation.
Detailed explanation-2: -Pay-as-you-go (PAYG) also known as pay-per-usage or pay-per-use is a payment method that charges users for procured rather than actual computing resources. It is similar to how we pay our utility bills; using the resources and paying only for what we use each billing cycle.
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