Economic Models For Managing Cloud Services

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Economic Models for Managing Cloud Services

Author : Sajib Mistry
Publisher : Springer
ISBN 13 : 3319738763
Total Pages : 154 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Economic Models for Managing Cloud Services by : Sajib Mistry

Download or read book Economic Models for Managing Cloud Services written by Sajib Mistry and published by Springer. This book was released on 2018-02-10 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors introduce both the quantitative and qualitative economic models as optimization tools for the selection of long-term cloud service requests. The economic models fit almost intuitively in the way business is usually done and maximize the profit of a cloud provider for a long-term period. The authors propose a new multivariate Hidden Markov and Autoregressive Integrated Moving Average (HMM-ARIMA) model to predict various patterns of runtime resource utilization. A heuristic-based Integer Linear Programming (ILP) optimization approach is developed to maximize the runtime resource utilization. It deploys a Dynamic Bayesian Network (DBN) to model the dynamic pricing and long-term operating cost. A new Hybrid Adaptive Genetic Algorithm (HAGA) is proposed that optimizes a non-linear profit function periodically to address the stochastic arrival of requests. Next, the authors explore the Temporal Conditional Preference Network (TempCP-Net) as the qualitative economic model to represent the high-level IaaS business strategies. The temporal qualitative preferences are indexed in a multidimensional k-d tree to efficiently compute the preference ranking at runtime. A three-dimensional Q-learning approach is developed to find an optimal qualitative composition using statistical analysis on historical request patterns. Finally, the authors propose a new multivariate approach to predict future Quality of Service (QoS) performances of peer service providers to efficiently configure a TempCP-Net. It discusses the experimental results and evaluates the efficiency of the proposed composition framework using Google Cluster data, real-world QoS data, and synthetic data. It also explores the significance of the proposed approach in creating an economically viable and stable cloud market. This book can be utilized as a useful reference to anyone who is interested in theory, practice, and application of economic models in cloud computing. This book will be an invaluable guide for small and medium entrepreneurs who have invested or plan to invest in cloud infrastructures and services. Overall, this book is suitable for a wide audience that includes students, researchers, and practitioners studying or working in service-oriented computing and cloud computing.

Economic Models and Algorithms for Distributed Systems

Author : Dirk Neumann
Publisher : Springer Science & Business Media
ISBN 13 : 3764388994
Total Pages : 263 pages
Book Rating : 4.7/5 (643 download)

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Book Synopsis Economic Models and Algorithms for Distributed Systems by : Dirk Neumann

Download or read book Economic Models and Algorithms for Distributed Systems written by Dirk Neumann and published by Springer Science & Business Media. This book was released on 2010-02-13 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed computing paradigms for sharing resources such as Clouds, Grids, Peer-to-Peer systems, or voluntary computing are becoming increasingly popular. While there are some success stories such as PlanetLab, OneLab, BOINC, BitTorrent, and SETI@home, a widespread use of these technologies for business applications has not yet been achieved. In a business environment, mechanisms are needed to provide incentives to potential users for participating in such networks. These mechanisms may range from simple non-monetary access rights, monetary payments to specific policies for sharing. Although a few models for a framework have been discussed (in the general area of a "Grid Economy"), none of these models has yet been realised in practice. This book attempts to fill this gap by discussing the reasons for such limited take-up and exploring incentive mechanisms for resource sharing in distributed systems. The purpose of this book is to identify research challenges in successfully using and deploying resource sharing strategies in open-source and commercial distributed systems.

Economics of Grids, Clouds, Systems, and Services

Author : Kurt Vanmechelen
Publisher : Springer
ISBN 13 : 3642286755
Total Pages : 209 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Economics of Grids, Clouds, Systems, and Services by : Kurt Vanmechelen

Download or read book Economics of Grids, Clouds, Systems, and Services written by Kurt Vanmechelen and published by Springer. This book was released on 2012-03-05 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed post-proceedings of the 8th International Workshop on Economics of Grids, Clouds, Systems, and Services, GECON 2011, held in Paphos, Cyprus, in December 2011. The 9 revised full papers presented together with 5 work in progress papers were carefully reviewed and selected from 27 papers. The papers are organized in topical sections on market mechanisms and negotiation; cost models, charging, and trading platforms; resource allocation, scheduling, and admission control; and two work in progress sections: risk assessment and economics of cloud services; and cost-aware adoption of cloud services.

Measuring the Business Value of Cloud Computing

Author : Theo Lynn
Publisher : Springer Nature
ISBN 13 : 3030431983
Total Pages : 125 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Measuring the Business Value of Cloud Computing by : Theo Lynn

Download or read book Measuring the Business Value of Cloud Computing written by Theo Lynn and published by Springer Nature. This book was released on 2020-08-27 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of demonstrating the value achieved from IT investments is long established in the Computer Science (CS) and Information Systems (IS) literature. However, emerging technologies such as the ever-changing complex area of cloud computing present new challenges and opportunities for demonstrating how IT investments lead to business value. Recent reviews of extant literature highlights the need for multi-disciplinary research. This research should explore and further develops the conceptualization of value in cloud computing research. In addition, there is a need for research which investigates how IT value manifests itself across the chain of service provision and in inter-organizational scenarios. This open access book will review the state of the art from an IS, Computer Science and Accounting perspective, will introduce and discuss the main techniques for measuring business value for cloud computing in a variety of scenarios, and illustrate these with mini-case studies.

Economics of Grids, Clouds, Systems, and Services

Author : Kurt Vanmechelen
Publisher : Springer
ISBN 13 : 3642351948
Total Pages : 258 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Economics of Grids, Clouds, Systems, and Services by : Kurt Vanmechelen

Download or read book Economics of Grids, Clouds, Systems, and Services written by Kurt Vanmechelen and published by Springer. This book was released on 2012-11-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 9th International Workshop on Economics of Grids, Clouds, Systems, and Services, GECON 2012, held in Berlin, Germany, in November 2012. The 12 revised full papers presented together with 6 work in progress papers were carefully reviewed and selected from more than 36 submissions. The papers are organized in the following topical sections: market mechanisms, pricing and negotiation; resource allocation, scheduling and admission control; work in progress on tools and techniques for cost-efficient service selection; market modeling; trust; cloud computing in education; and work in progress on cloud adoption and business models.

Internet Economics: Models, Mechanisms and Management

Author : Hans W. Gottinger
Publisher : Bentham Science Publishers
ISBN 13 : 1681085461
Total Pages : 222 pages
Book Rating : 4.6/5 (81 download)

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Book Synopsis Internet Economics: Models, Mechanisms and Management by : Hans W. Gottinger

Download or read book Internet Economics: Models, Mechanisms and Management written by Hans W. Gottinger and published by Bentham Science Publishers. This book was released on 2017-08-28 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The internet represents a rapidly evolving set of technologies which is central to the development of a modern economy. Internet Economics: Models, Mechanisms and Management integrates knowledge about internet service design with economic modelling principles (pricing, cost and service models). Chapters highlight specific applications of the internet such as service provisioning, cloud computing, commerce, business security, network externalities, social media and more recent developments such as the Internet of Things (IoT), the industrial internet, data analytics and the use of big data to bring value to commercial ventures. Therefore, readers will have a conceptual and practical framework for understanding the economics of internet infrastructure and service delivery.

Cloud FinOps

Author : J.R. Storment
Publisher : "O'Reilly Media, Inc."
ISBN 13 : 1492054577
Total Pages : 294 pages
Book Rating : 4.4/5 (92 download)

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Book Synopsis Cloud FinOps by : J.R. Storment

Download or read book Cloud FinOps written by J.R. Storment and published by "O'Reilly Media, Inc.". This book was released on 2019-12-12 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite many uncertainties in cloud computing, one truth is evident: costs will always tend to go up unless you’re actively engaged in the process. Whether you’re new to managing cloud spend or a seasoned pro, this book will clarify the often misunderstood workings of cloud billing fundamentals and provide expert strategies on creating a culture of cloud cost management in your organization. Drawing on real-world examples of successes and failures of large-scale cloud spenders, this book outlines a road map for building a culture of FinOps in your organization. Beginning with the fundamental concepts required to understand cloud billing concepts, you’ll learn how to enable an efficient and effective FinOps machine. Learn how the cloud works when it comes to financial management Set up a FinOps team and build a framework for making spend efficiency a priority Examine the anatomy of a cloud bill and learn how to manage it Get operational recipes for maximizing cloud efficiency Understand how to motivate engineering teams to take cost-saving actions Explore the FinOps lifecycle: Inform, Optimize, and Operate Learn the DNA of a highly functional cloud FinOps culture

Business in the Cloud

Author : Michael H. Hugos
Publisher : John Wiley & Sons
ISBN 13 : 0470616237
Total Pages : 228 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Business in the Cloud by : Michael H. Hugos

Download or read book Business in the Cloud written by Michael H. Hugos and published by John Wiley & Sons. This book was released on 2010-11-02 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A close look at cloud computing's transformational role in business Covering cloud computing from what the business leader needs to know, this book describes how IT can nimbly ramp up revenue initiatives, positively impact business operations and costs, and how this allows business leaders to shed worry about technology so they can focus on their business. It also reveals the cloud's effect on corporate organization structures, the evolution of traditional IT in the global economy, potential benefits and risks of cloud models and most importantly, how the IT function is being rethought by companies today who are making room for the coming tidal wave that is cloud computing. Why IT and business thinking must change to capture the full potential of cloud computing Topics including emerging cloud solutions, data security, service reliability, the new role of IT and new business organization structures Other titles by Hugos include: Business Agility: Sustainable Prosperity in a Relentlessly Competitive World and Essentials of Supply Chain Management, 2nd Edition Practical and timely, this book reveals why it's worth every company's time and effort to exploit cloud computing's potential for their business's survival and success.

Recent Advances in Computer Science and Information Engineering

Author : Zhihong Qian
Publisher : Springer Science & Business Media
ISBN 13 : 3642257895
Total Pages : 822 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Recent Advances in Computer Science and Information Engineering by : Zhihong Qian

Download or read book Recent Advances in Computer Science and Information Engineering written by Zhihong Qian and published by Springer Science & Business Media. This book was released on 2012-01-25 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt: CSIE 2011 is an international scientific Congress for distinguished scholars engaged in scientific, engineering and technological research, dedicated to build a platform for exploring and discussing the future of Computer Science and Information Engineering with existing and potential application scenarios. The congress has been held twice, in Los Angeles, USA for the first and in Changchun, China for the second time, each of which attracted a large number of researchers from all over the world. The congress turns out to develop a spirit of cooperation that leads to new friendship for addressing a wide variety of ongoing problems in this vibrant area of technology and fostering more collaboration over the world. The congress, CSIE 2011, received 2483 full paper and abstract submissions from 27 countries and regions over the world. Through a rigorous peer review process, all submissions were refereed based on their quality of content, level of innovation, significance, originality and legibility. 688 papers have been accepted for the international congress proceedings ultimately.

Architecting Cloud Computing Solutions

Author : Kevin L. Jackson
Publisher : Packt Publishing Ltd
ISBN 13 : 1788470745
Total Pages : 367 pages
Book Rating : 4.7/5 (884 download)

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Book Synopsis Architecting Cloud Computing Solutions by : Kevin L. Jackson

Download or read book Architecting Cloud Computing Solutions written by Kevin L. Jackson and published by Packt Publishing Ltd. This book was released on 2018-05-30 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accelerating Business and Mission Success with Cloud Computing. Key Features A step-by-step guide that will practically guide you through implementing Cloud computing services effectively and efficiently. Learn to choose the most ideal Cloud service model, and adopt appropriate Cloud design considerations for your organization. Leverage Cloud computing methodologies to successfully develop a cost-effective Cloud environment successfully. Book Description Cloud adoption is a core component of digital transformation. Scaling the IT environment, making it resilient, and reducing costs are what organizations want. Architecting Cloud Computing Solutions presents and explains critical Cloud solution design considerations and technology decisions required to choose and deploy the right Cloud service and deployment models, based on your business and technology service requirements. This book starts with the fundamentals of cloud computing and its architectural concepts. It then walks you through Cloud service models (IaaS, PaaS, and SaaS), deployment models (public, private, community, and hybrid) and implementation options (Enterprise, MSP, and CSP) to explain and describe the key considerations and challenges organizations face during cloud migration. Later, this book delves into how to leverage DevOps, Cloud-Native, and Serverless architectures in your Cloud environment and presents industry best practices for scaling your Cloud environment. Finally, this book addresses (in depth) managing essential cloud technology service components such as data storage, security controls, and disaster recovery. By the end of this book, you will have mastered all the design considerations and operational trades required to adopt Cloud services, no matter which cloud service provider you choose. What you will learn Manage changes in the digital transformation and cloud transition process Design and build architectures that support specific business cases Design, modify, and aggregate baseline cloud architectures Familiarize yourself with cloud application security and cloud computing security threats Design and architect small, medium, and large cloud computing solutions Who this book is for If you are an IT Administrator, Cloud Architect, or a Solution Architect keen to benefit from cloud adoption for your organization, then this book is for you. Small business owners, managers, or consultants will also find this book useful. No prior knowledge of Cloud computing is needed.

Economics of Grids, Clouds, Systems, and Services

Author : Karim Djemame
Publisher : Springer Nature
ISBN 13 : 303036027X
Total Pages : 304 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Economics of Grids, Clouds, Systems, and Services by : Karim Djemame

Download or read book Economics of Grids, Clouds, Systems, and Services written by Karim Djemame and published by Springer Nature. This book was released on 2019-11-23 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 16th International Conference on Economics of Grids, Clouds, Systems, and Services, GECON 2019, held in Leeds, UK, in September 2019. The 12 full papers and 10 short papers presented in this book were carefully reviewed and selected from 48 submissions. This GECON 2019 proceedings was structured in selected topics, namely: blockchain technology and smart contracts; cost-based computing allocation; resource, service and communication federations; economic assessment, business and pricing models; blockchain and network function virtualization technologies; economic models for cyber-physical systems, industry 4.0 and sustainable systems; resource management; and emerging ideas.

Economics of Grids, Clouds, Systems, and Services

Author : Congduc Pham
Publisher : Springer
ISBN 13 : 3319680668
Total Pages : 300 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Economics of Grids, Clouds, Systems, and Services by : Congduc Pham

Download or read book Economics of Grids, Clouds, Systems, and Services written by Congduc Pham and published by Springer. This book was released on 2017-10-14 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 14th International Conference on Economics of Grids, Clouds, Systems, and Services, GECON 2017, held in Biarritz, France, in September 2017. The 10 full papers and 10 short papers presented together with 3 invited talks were carefully reviewed and selected from 38 submissions. This volume of the GECON 2017 proceedings has been structured in sections following the sessions that comprised the conference program: Pricing in Cloud and Quality of Service, Work in Progress on Service Management, Work in Progress on Business models and Community Cooperation, Work in Progress on Energy Efficiency and Resource Management, Resource Management, Edge Computing, Cloud Federation; and Work in Progress on Service Selection and Coordination.

Web Information Systems Engineering – WISE 2020

Author : Zhisheng Huang
Publisher : Springer Nature
ISBN 13 : 3030620050
Total Pages : 585 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Web Information Systems Engineering – WISE 2020 by : Zhisheng Huang

Download or read book Web Information Systems Engineering – WISE 2020 written by Zhisheng Huang and published by Springer Nature. This book was released on 2020-10-17 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the proceedings of the 21st International Conference on Web Information Systems Engineering, WISE 2020, held in Amsterdam, The Netherlands, in October 2020. The 81 full papers presented were carefully reviewed and selected from 190 submissions. The papers are organized in the following topical sections: Part I: network embedding; graph neural network; social network; graph query; knowledge graph and entity linkage; spatial temporal data analysis; and service computing and cloud computing Part II: information extraction; text mining; security and privacy; recommender system; database system and workflow; and data mining and applications

The Economics of Cloud Computing

Author : Bill Williams
Publisher : Cisco Press
ISBN 13 : 0132904160
Total Pages : 107 pages
Book Rating : 4.1/5 (329 download)

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Book Synopsis The Economics of Cloud Computing by : Bill Williams

Download or read book The Economics of Cloud Computing written by Bill Williams and published by Cisco Press. This book was released on 2012-06-25 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Cloud Computing An Overview for Decision Makers Bill Williams Foreword by George Reese, author of Cloud Application Architectures The decision-maker’s guide to cloud computing: from making the case to managing the transition This concise book delivers the insight and tools you need to make intelligent decisions about cloud computing and effectively manage the transition to this new paradigm. Bill Williams explains how cloud computing platforms are transforming business IT and helps you fully understand the economies of scale and other benefits associated with “the cloud.” Williams defines and explains cloud computing platforms and technologies, analyzes the costs associated with the IT supply chain, and (using industry standard metrics) creates a process for measuring the value of implementing cloud service models. He presents realistic and up-to-date ROI and NPV calculations comparing cloud strategies with conventional investments in owned/leased hardware. Through additional examples, he addresses costs and savings related to software licensing and disaster recovery/high availability, offering even deeper practical insight into the financial impact of cloud computing. Writing for business leaders and “in-the-trenches” managers, Williams outlines the impact of cloud computing on the IT supply chain by contrasting legacy processes and systems with cloud computing implementations. To simplify deployment, Williams presents easy-to-use tables, a decision-maker checklist, and a comprehensive collection of additional resources for further study. · Understand today’s leading cloud service and deployment models · Identify the major characteristics of cloud computing platforms · Use key performance/success indicators to measure IT performance and influence business strategies · Quantify the baseline costs of your current IT value chain · Use TCO, the payback method, ROI, NPV, and other metrics to justify cloud deployments · Calculate the total financial impact of migrating to “the cloud” · Place cloud computing in the historical context of technological revolutions · Recognize the long-term social and global benefits of cheap and ubiquitous computing This volume is in the Network Business Series offered by Cisco Press®. Books in this series provide IT executives, decision makers, and networking professionals with pertinent information about today’s most important technologies and business strategies.

Transforming Enterprise Cloud Services

Author : William Y Chang
Publisher : Springer Science & Business Media
ISBN 13 : 9048198461
Total Pages : 447 pages
Book Rating : 4.0/5 (481 download)

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Book Synopsis Transforming Enterprise Cloud Services by : William Y Chang

Download or read book Transforming Enterprise Cloud Services written by William Y Chang and published by Springer Science & Business Media. This book was released on 2010-11-15 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: The broad scope of Cloud Computing is creating a technology, business, sociolo- cal, and economic renaissance. It delivers the promise of making services available quickly with rather little effort. Cloud Computing allows almost anyone, anywhere, at anytime to interact with these service offerings. Cloud Computing creates a unique opportunity for its users that allows anyone with an idea to have a chance to deliver it to a mass market base. As Cloud Computing continues to evolve and penetrate different industries, it is inevitable that the scope and definition of Cloud Computing becomes very subjective, based on providers’ and customers’ persp- tive of applications. For instance, Information Technology (IT) professionals p- ceive a Cloud as an unlimited, on-demand, flexible computing fabric that is always available to support their needs. Cloud users experience Cloud services as virtual, off-premise applications provided by Cloud service providers. To an end user, a p- vider offering a set of services or applications in the Cloud can manage these off- ings remotely. Despite these discrepancies, there is a general consensus that Cloud Computing includes technology that uses the Internet and collaborated servers to integrate data, applications, and computing resources. With proper Cloud access, such technology allows consumers and businesses to access their personal files on any computer without having to install special tools. Cloud Computing facilitates efficient operations and management of comp- ing technologies by federating storage, memory, processing, and bandwidth.

Web-Scale Data Management for the Cloud

Author : Wolfgang Lehner
Publisher : Springer Science & Business Media
ISBN 13 : 1461468566
Total Pages : 209 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Web-Scale Data Management for the Cloud by : Wolfgang Lehner

Download or read book Web-Scale Data Management for the Cloud written by Wolfgang Lehner and published by Springer Science & Business Media. This book was released on 2013-04-06 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficient management of a consistent and integrated database is a central task in modern IT and highly relevant for science and industry. Hardly any critical enterprise solution comes without any functionality for managing data in its different forms. Web-Scale Data Management for the Cloud addresses fundamental challenges posed by the need and desire to provide database functionality in the context of the Database as a Service (DBaaS) paradigm for database outsourcing. This book also discusses the motivation of the new paradigm of cloud computing, and its impact to data outsourcing and service-oriented computing in data-intensive applications. Techniques with respect to the support in the current cloud environments, major challenges, and future trends are covered in the last section of this book. A survey addressing the techniques and special requirements for building database services are provided in this book as well.

Grid Economics and Business Models

Author : Rajkumar Buyya
Publisher : Springer
ISBN 13 : 3642038646
Total Pages : 191 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Grid Economics and Business Models by : Rajkumar Buyya

Download or read book Grid Economics and Business Models written by Rajkumar Buyya and published by Springer. This book was released on 2009-08-18 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: GECON - Grid Economics and Business Models Cloud computing is seen by many people as the natural evolution of Grid computing concepts. Both, for instance, rely on the use of service-based approaches for pro- sioning compute and data resources. The importance of understanding business m- els and the economics of distributed computing systems and services has generally remained unchanged in the move to Cloud computing. This understanding is nec- sary in order to build sustainable e-infrastructure and businesses around this paradigm of sharing Cloud services. Currently, only a handful of companies have created s- cessful businesses around Cloud services. Among these, Amazon and Salesforce (with their offerings of Elastic Compute Cloud and force. com among other offerings) are the most prominent. Both companies understand how to charge for their services and how to enable commercial transactions on them. However, whether a wide-spread adoption of Cloud services will occur has to seen. One key enabler remains the ability to support suitable business models and charging schemes that appeal to users o- sourcing (part of) their internal business functions. The topics that have been addressed by the authors of accepted papers reflect the above-described situation and the need for a better understanding of Grid economics. The topics range from market mechanisms for trading computing resources, capacity planning, tools for modeling economic aspects of service-oriented systems, archit- tures for handling service level agreements, to models for economically efficient resource allocation.