Company XYZ is spending $300,000.00 USD per month in egress fees for 7 Petabytes that they consume for Outbound Data Transfer in North America with their current cloud provider. The company is seeking to lower that expense considerably without reducing consumption. You propose migration to OCI because the Gigabyte Outbound Data Transfer in North America costs just $0.0085 USD per month. With OCI, how much will they spend per month for 7 Petabytes of Outbound Data Transfer? (1 Petabyte = 1000 Terabytes)
$59,415.00 is the amount that Company XYZ will spend per month for 7 Petabytes of Outbound Data Transfer in North America with OCI. This is calculated by multiplying 7 Petabytes by 1000 Terabytes (to convert Petabytes to Terabytes), then multiplying by $0.0085 USD (the cost per Gigabyte Outbound Data Transfer in North America), then dividing by 1000 (to convert Gigabytes to Terabytes). The formula is:
(7 * 1000 * 0.0085) / 1000 = $59,415.00
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