The total cost of ownership (TCO) is defined as the running cost of a particular asset. It is the “purchase price of an asset plus the cost of operation.” The company needs to look beyond the purchase price of an asset or a solution and understand the effectiveness of the solution in addressing the most significant situation.
A shared responsibility model is considered a vital part for customers who are migrating their applications to the cloud. Cloud services providers offer attractive packages with the advantages of security and compliance. On the other hand, customers must make sure their users, business applications, and service offerings are safely protected.
When planning for cloud migration, we must be aware of the types of cloud that your business can make use of. There are three common types of clouds: the public,the private, and hybrid clouds. In this blog, we have summarized the characteristics as well as the advantages and disadvantages of each.
By moving your applications to the cloud, you achieve faster implementation and deployment of applications,with minimal disruption on the production. It helps the IT team to modernize their IT assets, to prepare for future enhancement.