👉 Incurred computing refers to the costs associated with executing computational tasks or running software applications. These costs encompass various elements such as hardware expenses (like servers, GPUs, and storage devices), software licensing fees, electricity consumption for powering and cooling the computing infrastructure, maintenance and operational expenses (e.g., software updates, hardware repairs), and personnel costs (salaries for IT staff managing the infrastructure). Essentially, incurred computing represents the direct and indirect financial outlays required to perform computing operations within a given timeframe, making it a crucial factor in the overall cost structure of any computing environment.
