Financial advice
A bank is moving its IT operations to GCP. The finance is worried about unforeseen changes to the finances of IT operations. You are a financial adviser specializing in cloud technology.
Can you make a general prediction about the bank's finances when they migrate to GCP?
Remember:
- Capital expenditure (CapEx) is money spent to acquire or upgrade physical assets, computers, servers, property, etc.
- Operational expenditure (OpEx) is money spent on day-to-day operations, like wages, subscriptions.
- Total cost of ownership (TCO) is the total cost of implementing, using, and retiring an asset.
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