Cloud Based Solution Cost Analysis, Overview Imagine that you are a technical business analyst for an organization. Leadership within that organization is anticipating that they will soon need to move the on-premise systems to a cloud-based system. Before they do so, they want to fully understand what will go into a comparison between on-premise solutions and the same solution hosted in the cloud. They are also unaware of the specific business requirements that would influence a decision like moving to a cloud-based system. Therefore, you are asked to begin researching the information associated with a cost analysis. However, you will not be performing all of the tasks typically associated with a cost analysis in the field. You will analyze what will need to be considered for a cost analysis of cloud vs. on-premise solutions. Your information will determine when, where, and how the organization should go about this technological change. Although you are not yet given the task of actually conducting the cost analysis, you need to emphasize to leadership all of the components of this change that will need to be considered. Prompt Create a document, table, or visual to prepare for a cost analysis of a cloud-based solution compared to an on-premise solution based on the following business requirements: · Support for proxy authentication · Role-based management · Encryption on storage and transmission In your work, you will have to address what will need to be considered for both a cloud-based solution and an on-premise solution. Specifically, the following critical elements must be met: Personnel · Who will you need to hire for each solution? · What kind of staff is needed for each solution? Hardware and Software · What hardware and software will you need for each solution? Utilities · What are the utility concerns, such as electricity and cooling, for each solution? Security · What are the security concerns for each solution, and how is information secured on each solution? Potential Costs · What are the potential costs for each solution, based upon these components? · You are encouraged to use the AWS Total Cost of Ownership (TCO) Calculators https://calculator.aws/#/ · to get estimates of the costs, but you are not limited to this tool. You may use other resources or tools to estimate the costs. Keep in mind that this is only an estimate, but you should be calculating based on what you indicated as answers in the previous questions.

Cloud-Based Solution Cost Analysis

 

When considering the move from an on-premise system to a cloud-based solution, it is important to perform a thorough cost analysis to ensure that the switch is financially viable for the organization. There are several key components that should be considered in this analysis, including: Support for proxy authentication: According to an article published in Forbes in 2020, “One of the biggest advantages of cloud computing is the ability to scale resources up or down as needed. This can be especially useful for companies that experience fluctuating traffic levels, such as those in the retail or media industries.” (Forbes, 2020). Therefore, it is important to consider whether the cloud-based solution being considered offers support for proxy authentication, as this can greatly impact the organization’s ability to scale resources as needed. Role-based management: In order to effectively manage user access and permissions within a cloud-based system, it is important to ensure that the solution offers role-based management capabilities. According to a white paper published by Microsoft in 2021, “Role-based access control (RBAC) is a key security principle in the cloud. It enables you to delegate access to resources in your cloud environment based on the roles of individual users within your organization.” (Microsoft, 2021). Therefore, it is important to consider whether the cloud-based solution being considered offers robust role-based management capabilities. Encryption on storage and transmission: Data security is a key concern for many organizations when considering a move to a cloud-based solution. Therefore, it is important to ensure that the solution being considered offers robust encryption capabilities for both data storage and transmission. According to a report published by Gartner in 2019, “Encryption is a critical security control that can help protect data in the cloud. Encrypting data at rest and in transit helps to prevent unauthorized access and use of data, and can help to meet regulatory and compliance requirements.” (Gartner, 2019). Cont…

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