Issue link: https://read.uberflip.com/i/1476782
GLOSSARY Term Definition TCO Total cost of ownership (TCO) represents sum of acquisition and operational costs of a product over a period of time. Public Cloud Cloud computing where scalable and elastic IT-enabled capabilities are provided as a service to external customers using Internet technologies. Private Cloud Cloud computing that is used by only one organization, or that ensures that an organization is completely isolated from others. IaaS Infrastructure as a Service is a form of public cloud computing that provides virtual computing resources using Internet technologies. SaaS Software as a Service applications, a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. Non-Public Cloud On-premises, Colocation, or Private Cloud Productivity Applications Application software dedicated to producing information, such as documents, presentations, worksheets, databases, charts, graphs, digital paintings, electronic music and digital video. Employee Hardware Devices distributed for employee use, including desktop and laptop PCs, tablets, etc. AI / ML Tools Tools that assist in the development and running of artificial intelligence (AI) and machine learning (ML). Resilience Infrastructure availability, illustrated by down time, such as 99.999% "five nines" and Security, defined by time to detect and resolve security incidents. Agile Methodology Agile methodology is an iterative approach to software development and project management. It focuses on constant collaboration among small, cross-functional teams, and the incremental development and release of small features (as opposed to large releases). Cloud-Native Cloud-native basically means it is created in the cloud. Cloud-native applications are designed from scratch to run in a public cloud like in AWS, Azure, or GCP using cloud- based technologies. 19