Question

Write at least 500 words analyzing Cloud Elasticity Vs Cloud Scalability. Why is the future of computing in the cloud? Consider the concept of fractional ownership.Please don't rewrite already exist chegg answer

Answer 1

Answer)

The scalability is considered as an ability of the system for accommodating the larger loads by just adding the resources by enhancing the hardware better and stronger or by even adding the additional nodes.

On the other hand, the elasticity is defined to be the ability to fit the resources which are needed for coping with the loads dynamically mostly with respect to the scale-out as a result of which the load increases the scale by adding the more resources and then demanding the shrink back as well as removing the unneeded and obsolete resources.

The elasticity is considered as the most important one in the cloud environment where one would pay per usage and would not pay for resources not needed

It is when one talks about the platform or the architectural scale the hardware cost would increase linearly with demand. The example being one server can handle 50 users, 2 servers can handle a count of 100 users and 10 servers would be able to handle around 500 users. So one would need 2X servers for every 1000 users. One would run out of money as the user count grew.

The elasticity is being used for describing as to how well would the architecture be adapted for workloads in realtime.

Example being if one has one user logins every hour to one's site then they would need one server to handle it. But at one time if 50,000 user login at once then the architecture quickly would need new servers urgently to handle this load. But if this is automatically handled then it is called as the design is elastic.

The future of computing in cloud are as follows:

1) Increasing the storage capacity

2) Enhancing the performance of internet activities

3) IoT along with that of the cloud computing

4) Data to show future changes

5) Improving cloud storage

6) Security and modular software

7) Economic advantages

The fractional ownership is defined as the method where the unrelated parties would share in as well as mitigate any risk related to ownership of the high-value tangible assets which is mostly the jets, yacht or the piece of the resorts real estate.

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