Elasticity: AWS allows you to scale your resources up or down based on demand, which means you only pay for what you use. This reduces the cost of over-provisioning resources.
Auto Scaling: Automatically adjusts compute capacity based on usage, ensuring cost efficiency.
Eliminating On-Premises Costs (E):
No Infrastructure Maintenance: By using AWS, businesses do not need to invest in physical infrastructure or handle maintenance, reducing both capital and operational expenditures.
Managed Services: AWS offers managed services that reduce the need for in-house technical staff to manage and maintain infrastructure.
References:
AWS Cloud Economics Center
AWS Benefits
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