Techno-Economic Analysis of Cloud Computing Supported by 5G: A Cloud vs on Premise Based Solutions Comparison

Abstract

Cloud computing has gotten a lot of press in the IT world because it allows users to have instant access to a shared pool of configurable computer resources with no effort on their part. It is now being discussed as an enabler for more flexible, cost-effective, and powerful mobile network implementations in the communication technology (CT) sector. In this paper, a techno-economic analysis of a Cloud-based solution compared to an On-premise based one is developed. The technologies are analyzed in a technical way. Mathematical models that help determine the models’ pricing is analyzed. What is more, several experiments are conducted determining if the advantages and profits outweigh the disadvantages of each proposed solution. Also, the way 5G helps scale all these processes is analyzed. Finally, this article analyzes the conclusions of the work, as well as the result of the techno-economic study that was carried out, to explain to the reader the overall benefits provided to users by exploiting the Cloud Computing technology.