Economics of Grids, Clouds, Systems, and Services: 7th International Workshop, GECON 2010, Ischia, Italy, August 31, 2010, Proceedings
Jörn Altmann, Omer F. Rana
Springer Science & Business Media, Aug 30, 2010 - Computers - 166 pages
The commercial exploitation of distributed computing technologies is slowly starting to become popular under the general area of cloud computing. These solutions allow selling and buying of resources (i.e., computing, network, software, and data resources) on demand. Existing solutions in this area are diverse, ranging from Infrastructure-- a-Service (IaaS) models via Platform-as-a-Service (PaaS) to Software-as-a-Service (SaaS) models. Although the economics of these services is not yet fully understood and the interoperability between such services is still lacking, a common market for computing services is slowly developing. Such a market would allow buyers and sellers of computing services to trade their excess capacity or make available their capacity at a cost. However, it is still not p- sible for a market participant to act as a resource provider or seller, or trade based on the current level of demand. Another example of a developing open market is the emergence of Web2.0-based services. These enable consumers to create new services by aggregating services from multiple providers. The benefit of these solutions is that “value” can be created by combining services at different prices.
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AgentFSEGA aggregation algorithm allocated Altmann application architecture autopoietic Bayesian broker client cloud computing cloud infrastructure cloud services collaborative filtering Commons complementary currency computing services cost CPU usage customer agents decision support deﬁned developed diﬀerent distribution DITO dynamic IT outsourcing Ecology environment evaluation ﬁgure ﬁrst framework fulﬁll function GECON Grid and Cloud Grid Computing Heidelberg IaaS adoption implemented International interviews Inverse Tragedy issues license server LNCS monitoring negotiation strategy node oﬀer Open Grid Forum opponent’s outsourcing parameters peers popular vendors pricing schemes proﬁle proﬁt ratings recommender system requirements resource-level role scenario sector selection Service Level Agreements service provider service value chains simulation SLA Metric SLA negotiation SLA term SLA validation SLA violations SmartLM software licenses software vendors solution speciﬁc Springer tion trust utility value chains value network vendor agents Weibull distribution