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A financial services company is planning to migrate its IT infrastructure to the cloud to improve scalability and reduce operational costs. The company's CFO is particularly interested in the financial implications of adopting a consumption-based model versus the traditional capital expenditure (CapEx) model. Given the company's operation in a highly regulated industry, it must ensure strict compliance with data sovereignty laws. The IT team also highlights the importance of a solution that can dynamically scale resources during peak demand without incurring unnecessary costs during low demand periods. Considering these requirements, which of the following statements accurately describe the benefits of the consumption-based model for this scenario? (Choose two.)
Explanation:
The correct answers are A and E. Answer A accurately describes the consumption-based model's advantages, including cost efficiency, flexibility, and compliance support, which are essential for the company's scenario. Answer E further elaborates on the model's benefits by highlighting its ability to optimize costs during varying demand periods and support compliance through detailed reporting. These aspects are crucial for companies in regulated industries looking to leverage cloud computing for operational and financial improvements.