In: Accounting
List and explain five of the costs to be budgeted when migrating to cloud computing.
Cost to be budgeted when migrating to cloud computing.
1. Cost of training
When migrating to cloud computing require the knowledge and technique to handle cloud computing. Cloud computing means providing computing service's using internet, it is a use of internet, Intranet and cloud based storage facility therefore moving to cloud computing requires to training to person who handles and responsibility to operate system.
2. Requires regular payment for cloud services
Cloud computing is service provided by third party , third party charges for the online service include storage facility, access, web based services offered. Using this third party service company provides services to customers. Therefore to use of cloud services requires regular payment.
3. Application and infrastructure
Company's migrating to cloud require IT investment cost i.e cost related to establishment of IT, application and related infrastructure. Cloud computing is online maintenance of data base so it is necessary to establish computer facility, application to operate.
4. Power and Data connection cost
Cloud computing is all about using of information technology therefore to working without interruption requires internet data connection and electricity. And required to keep ups, batteries in case of power failure.
5. IT support staff salaries, software license and cost of labour for maintenance of IT system.
Migrating to cloud require IT skilled and technically qualified staff. Maintaining cloud system requires software and software requires timely updation. Another cost relating to maintainance of application, software, computers.