THE ECONOMICS OF CLOUD COMPUTING: ANALYZING COST SAVINGS, EFFICIENCY, AND INNOVATION POTENTIAL FOR BUSINESSES AND ECONOMIES
Keywords:
Cloud computing, Economics, Cost savings, Efficiency, Innovation potential, Business, Economies, Digital transformation, Scalability, Flexibility, Resource utilization, Financial analysis, Operational performance, Case studies, Interviews, Benefits, Challenges, Risks, Productivity, Startups, Economic growth, Decision-making, Policy formulation, Technology adoption, Data analysisAbstract
This thesis provides a comprehensive analysis of the economics of cloud computing. By examining cost savings, efficiency gains, and innovation potential, this research deepens our understanding of the economic implications of cloud technology. The findings inform decision-making for businesses considering cloud adoption, policymakers formulating digital transformation strategies, and researchers studying the intersection of technology and economics. Ultimately, this research aims to guide decision-making and promote economic growth through effective utilization of cloud computing technologies
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