Your company is considering migrating their on-premises data center to the cloud. The Chief Financial Officer (CFO) is particularly interested in how the cloud could impact the company's operating costs. Which billing approach that aligns with the cloud consumption-based model should you explain to the CFO?
One-time payment for perpetual use of software hosted in the cloud.
Pay-as-you-go, where costs are dependent on the amount of services and resources consumed.
Fixed monthly fee, where the company pays a predetermined fee each month for a package of services.
Pay-in-advance, with a discount applied for committing to a set amount of resources for the year.