One of the topics most associated with cloud computing is its cost advantages, or lack thereof. One way the topic gets discussed is “capex vs. opex,” a simple formulation, but one fraught with meaning. At its simplest, capex vs. opex is how compute resource is paid for by the consumer of those resources. For example, if one uses Amazon Web Services, payment is made on a highly granular level for the use of the resources […]
consumption
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Researchers from Swinburne University of Technology are looking for ways to reduce the high cost of internet data storage and retrieval in cloud computing. While cloud computing – which relies on remote, rather than local servers – offers almost unlimited capacity for data storage and processing, current usage charges mean the costs are expanding at the same near-limitless rate. Social media such as Facebook and Flickr are simple examples of cloud computing, but the drain […]
The big spenders on technology are businesses and government agencies. They buy about 75 percent of the computing goods and services sold worldwide. Yet it is increasingly evident they are not driving the new ideas, excitement and powerhouse technology companies in ascent these days. “The cutting edge of innovation is on the consumer side — digital technologies for consumption activity, play, entertainment and social-networked communication — and not in corporations anymore,” observed Timothy F. Bresnahan, […]