Cons of On-Premises Model
CAPITAL EXPENSE + interest.
Over a period of time lifecycle. Don't last long
No agility, if need more, will take time.
Money tied up for years.
Hardware outdated before ROI reached.
Pros of the Cloud Model
No Capex - Renting hardware
Opex OPERATIONAL EXPENSE
Billed month-to-month
Agile
Principle of economies of scale
Consumption-based model