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Evaluate Cloud Adoption Trade-offs

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The question is on your right: Evaluate Cloud Adoption Trade-offs. Take a moment with it first.

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Problem

Scenario

You are advising on whether to move a business-critical insurance platform from primarily on-premises hosting to a cloud-based architecture. Before committing to the direction, you need a clear view of the operational, delivery, cost, scalability, and security implications so the team does not optimize for speed while creating avoidable risk.

Question

What are the advantages and disadvantages of using cloud-based solutions, and how would you evaluate the trade-offs before recommending adoption?