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When is cloud cheaper than owning? a. When utility premium is more than the ratio of peak demand to

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When is cloud cheaper than owning? a. When utility premium is more than the ratio of peak demand to average demand b. When utility premium is less than the ratio of peak demand to average demand c. When utility premium is equal to the ratio of peak demand to average demand d. When utility premium is equal to twice the ratio of peak demand to average demand. Select the correct answer from above options

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Answer: The correct answer is option c. When the utility premium is equal to the ratio of peak demand to average demand, cloud is cheaper than owning. Cloud computing is one of the latest domains in computer science in which a person can access unlimited amount of storage without having any physical memory structure. Cloud servers are used as storage units and a person can access data from any part of the world within a short span of time.

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