Pacbio: Cost Analysis

Improved Essays
The benefits of using Amazon web services for PacBio are:
• Cost Effectiveness
Amazon Web Services has the best policy for using their services. Customers are required to pay only for the time duration they are using their services. This means there is no hidden cost in between. There is no subscription fees, onetime costs, no long term commitment or contracts and have no minimum amount to spend.
• Elasticity and Scalability
Quickly add and subtract resources to applications to meet customer demand and manage costs. Avoid provisioning resources up-front for projects with variable consumption rates or short lifetimes. This will help PacBio in maintaining a sustained resource inventory.
• Experience of AWS
Amazon web services has an experience
…show more content…
According to Gartner, between 2013 and 2015, infrastructure-as-as-service (IaaS) will grow from $8.1B to $15.5B (91%); platform-as-a-service (PaaS) will grow from $1.2B to $1.8B (50%); and software-as-a-service (SaaS) will grow from $14.5B to $22.1B (52%). Thus, the total market spend for cloud computing will increase from $23.8B to $39.4B (66%). Cloud computing is here. Leveraging the benefits of AWS can dramatically increase both the effectiveness and efficiency of your company.
• Global leader
Amazon has global presence with 10 regions, 36 availability zones and more than 50 edge locations. Few months ago, Gartner positioned AWS in Leaders Quadrant of the new Magic Quadrant for Cloud Infrastructure as a Service. Gartner also mentioned that AWS has more than five times the compute capacity in use than the aggregate total of rest 14 service providers placed in the same Magic Quadrant.
• Procurement
Procuring a new server might take time between several hours to 8-10 days depending upon whether your infrastructure is on-premise, co-located or if you are associated with a hosting provider. Similar time is needed to procure software licenses as well. However, AWS enables you to spin-up new servers within few minutes with no need to buy separate licenses for many operating systems &

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