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2012
Springer

Economic Models for Cloud Service Markets

6 years 12 months ago
Economic Models for Cloud Service Markets
Cloud computing is a paradigm that has the potential to transform and revolutionalize the next generation IT industry by making software available to end-users as a service. A cloud, also commonly known as a cloud network, typically comprises of hardware (network of servers) and a collection of softwares that is made available to end-users in a pay-as-you-go manner. Multiple public cloud providers (ex., Amazon) co-existing in a cloud computing market provide similar services (software as a service) to its clients, both in terms of the nature of an application, as well as in quality of service (QoS) provision. The decision of whether a cloud hosts (or finds it profitable to host) a service in the long-term would depend jointly on the price it sets, the QoS guarantees it provides to its customers , and the satisfaction of the advertised guarantees. In this paper, we devise and analyze three inter-organizational economic models relevant to cloud networks. We formulate our problems as no...
Ranjan Pal, Pan Hui
Added 24 Apr 2012
Updated 24 Apr 2012
Type Journal
Year 2012
Where ICDCN
Authors Ranjan Pal, Pan Hui
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