Question 1Which characteristic of cloud computing enables cost savings by serving multiple consumers?1 pointResource poolingOn-demand self-servicePublic cloud modelsBroad network access
Question
Question 1Which characteristic of cloud computing enables cost savings by serving multiple consumers?1 pointResource poolingOn-demand self-servicePublic cloud modelsBroad network access
Solution
The characteristic of cloud computing that enables cost savings by serving multiple consumers is Resource pooling.
Here's why:
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Resource pooling in cloud computing refers to the provider's capability to serve multiple consumers using a multi-tenant model.
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In this model, different physical and virtual resources are dynamically assigned and reassigned according to consumer demand.
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The customer generally has no control or knowledge over the exact location of the provided resources but may be able to specify location at a higher level of abstraction (e.g., country, state, or datacenter).
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This allows for cost savings as resources are shared among a pool of users, with different physical and virtual resources dynamically assigned and reassigned according to consumer demand.
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Therefore, the cost of these resources is spread out over the users, allowing for more economical use of shared resources.
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This is different from the other options like On-demand self-service, Public cloud models, and Broad network access which are also characteristics of cloud computing but do not directly contribute to cost savings by serving multiple consumers.
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