cloud service costs

Language: en

📖 Definitions

  1. The financial expenses incurred by individuals or organizations for using cloud computing resources, such as storage, processing power, and software services provided by third-party vendors.; The total monetary outlay associated with hosting data, applications, or infrastructure in a cloud environment, often including subscription fees, pay-per-use charges, and data transfer costs.

💬 Examples

  1. Looking ahead, the sustained demand for AI processing power is expected to keep upward pressure on cloud service costs.

  2. Many startups struggle to manage their cloud service costs as they scale their operations rapidly.