Company XYZ will spend $59,500 per month for 7 Petabytes of Outbound Data Transfer using OCI. This is significantly lower than their current expense of $300,000. Thus, they can save a considerable amount by migrating to OCI.
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To determine how much Company XYZ will spend per month on Outbound Data Transfer for 7 Petabytes using Oracle Cloud Infrastructure (OCI), we need to perform a few calculations:
Convert Petabytes to Gigabytes :
1 Petabyte = 1000 Terabytes
1 Terabyte = 1000 Gigabytes
Therefore, 7 Petabytes = 7 * 1000 * 1000 = 7,000,000 Gigabytes
Calculate the Cost with OCI :
Given the cost per Gigabyte with OCI is $0.0085 per month, the total cost will be:
Cost = 7 , 000 , 000 Gigabytes × 0.0085 USD/Gigabyte
Cost = 59 , 500 USD
Therefore, with OCI, Company XYZ will spend $59,500 per month for 7 Petabytes of Outbound Data Transfer.
The chosen multiple-choice option is: 59500 .