👉 Prepaid computing refers to a model in which users can pre-purchase computing resources, such as virtual machines or cloud storage, before they are needed, essentially reserving these resources for future use. This approach allows businesses and individuals to avoid the costs and complexities associated with on-demand computing services, as they only pay for the resources they actually consume. Prepaid computing offers a predictable cost structure and can be particularly advantageous for organizations with consistent resource demands, as it enables them to plan and budget their IT expenses more effectively. This model also provides flexibility, as users can scale their resource usage up or down based on changing needs without incurring additional charges.
