1. TO LEASE OR NOT TO LEASE FROM STORAGE CLOUDS.
- Author
-
Walker, Edward, Romney, Jonathan, and Brisken, Walter
- Subjects
CLOUD computing ,INFORMATION retrieval ,DATA disk drives ,ORGANIZATION ,ECONOMICS ,FINANCE ,PRESENT value - Abstract
The article discusses the benefit of using storage clouds over purchasing hard disk drives. It examines the dilemma faced by organizations on whether to buy or lease storage clouds. An equation for the key principle in economic finance which calculates a purchased asset such as a storage clouds's present value is provided. It examines a buy-or-lease decision model that will help an organization decide based on an asset's net present value (NPV).
- Published
- 2010
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