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A solutions architect is working on optimizing a legacy document management application running on Microsoft Windows Server in an on-premises data center. The application stores a large number of files on a network file share. The chief information officer wants to reduce the on-premises data center footprint and minimize storage costs by moving on-premises storage to AWS. What should the solutions architect do to meet these requirements?
Creative Destruction
A concept in economics which signifies the process by which new innovation leads to the demise of older technologies or businesses, fostering marketplace evolution.
Dominant Firms
Companies that hold a major share of the market within their industry, exerting significant influence over market conditions, including prices and available supply.
New Products
Goods or services that have been recently developed, introduced to the market, or innovated to meet consumer needs.
Monopolistic Competition
A market structure in which many firms sell a differentiated product, entry is relatively easy, each firm has some control over its product price, and there is considerable nonprice competition.
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