👉 Cost computing refers to the pricing model where the cost of processing data or running computations is determined by the specific resources utilized, such as CPU cycles, memory, storage, or specialized hardware like GPUs or TPUs. In cloud computing environments, cost computing is often associated with pay-as-you-go models, where users are charged based on the actual resources consumed during their computations. This contrasts with traditional software licensing models, where costs are typically fixed or based on a flat rate regardless of usage. Cost computing allows for greater flexibility and efficiency, as users only pay for the resources they actually need, but it requires careful monitoring and optimization to manage costs effectively, especially in environments with variable workloads.
