Cloud storage operates on an operational expenditure model, providing cost-effectiveness and flexibility for budgeting and resource allocation compared to a capital expenditure model.
Cloud storage operates on an operational expenditure model, providing cost-effectiveness and flexibility for budgeting and resource allocation compared to a capital expenditure model. Public cloud storage, for instance, offers cost efficiency by reducing internal expenses due to the cloud provider handling storage management, thereby eliminating the need for dedicated internal resources for these tasks.