Cinar Kilcioglu

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In broad terms, cloud computing refers to the provision of computing resources, such as storage, data management and processing, over a network of remote servers hosted on the Internet. Amazon, currently the dominant service provider in this market, offers its computing resources under three different pricing models: pay-as-you-go (on-demand instances),(More)
We examine the economics of demand and supply in cloud computing. The public cloud offers three main benefits to firms: 1) utilization can be scaled up or down easily; 2) capital expenditure (on-premises servers) can be converted to operating expenses, with the capital incurred by a specialist; 3) software can be “pay-as-you-go.” These benefits increase(More)
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