Benefits of Cloud Computing

1.Trade capital expense (CAPEX) for operational expense (OPEX)

Pay On-Demand: don't own hardware

Reduced Total Cost of Ownership (TCO) & Operational Expense (OPEX)

2.Benefit from massive economies of scale

Prices are reduced as AWSis more efficient due to large scale

3.Stop guessing capacity

Scale based on actual measured usage

4.Increase speed and agility

5.Stop spending money running and maintaining data centers

6.Go global in minutes: leverage the AWS global infrastructure

References:

https://medium.com/@sortsec/introduction-to-cloud-computing-and-its-benefits-8ca83e20dbc9

https://medium.com/@josueparra2892/the-power-of-the-cloud-exploring-its-benefits-and-impact-on-the-modern-world-323a038b6e8c

https://www.reddit.com/r/AskProgramming/comments/17l73rt/when_is_the_cloud_actually_worth_it/

https://www.linkedin.com/pulse/what-benefits-cloud-computing-aptimized-abjke