Question: Assignment 7 : Cloud Cost Optimization Objective: Understand the economics of cloud computing and strategies for cost optimization. Tasks: Compare the pricing models of different

Assignment 7:Cloud Cost Optimization
Objective: Understand the economics of cloud computing and strategies for cost optimization.
Tasks:
Compare the pricing models of different cloud providers (AWS, Azure, GCP) for IaaS services (e.g., compute instances, storage, and networking). Use a cloud cost calculator tool to estimate the cost of running a small application in the cloud. Suggest strategies to reduce costs (e.g., using reserved instances, auto-scaling, turning off unused resources). Analyze the trade-offs between performance, scalability, and cost in a cloud environment.

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