A contra-asset account has a credit balance and offsets the debit balance of the corresponding asset. A contra-liability account has a debit balance and offsets the credit balance of the corresponding liability. â You should try to keep a good standing with your contra account so that you know you have everything covered. â.
In 2009, the availability of high-capacity networks, low-cost computers and storage devices as well as the widespread adoption of hardware virtualization, service-oriented architecture, and autonomic and utility computing led to a growth in cloud computing.
Most organizations have to makes changes around the use of cloud computing, including hiring developers, architects, admins, and so on, which increases TCO greatly. Not everyone dials in security and governance until after implementation. This cost normally accounts for 20 to 30 percent of TCO.