Understanding Cloud Computing or a Pay-As-You-Go Utility Model


Let’s understand what cloud computing and “Pay-As-You-Go” (PAYG) models are. Let’s first tackle PAYG. Simply put, PAYG is a “utility” computing model that allows a user to pay based on the incurred machine hours or the amount of resources consumed. This is a very interesting utility computing model. Users are charged based on their usage …

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