Transaction level economics of cloud applications

Kevin Buell; James Collofello

doi:10.1109/SERVICES.2011.12

Transaction level economics of cloud applications

Kevin Buell, James Collofello

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

9 Scopus citations

Abstract

Cloud computing provides many benefits to users including the elimination of up front infrastructure investment plus lower overall infrastructure costs due to increased resource usage efficiency. Cloud applications can also make use of outside services on demand. Since cloud computing operates on a payas- you-go model, application developers must understand the economics of their software in finer detail. They must understand how much their software costs to run and how much revenue they earn as their software runs. This understanding comes from knowing how the application uses infrastructure and services for which costs accumulate. We explore some fundamental concepts of cloud application economics at the transaction level.

Original language	English (US)
Title of host publication	Proceedings - 2011 IEEE World Congress on Services, SERVICES 2011
Pages	515-518
Number of pages	4
DOIs	https://doi.org/10.1109/SERVICES.2011.12
State	Published - Oct 6 2011
Event	2011 IEEE World Congress on Services, SERVICES 2011 - Washington, DC, United States Duration: Jul 4 2011 → Jul 9 2011

Publication series

Name	Proceedings - 2011 IEEE World Congress on Services, SERVICES 2011

Other

Other	2011 IEEE World Congress on Services, SERVICES 2011
Country/Territory	United States
City	Washington, DC
Period	7/4/11 → 7/9/11

ASJC Scopus subject areas

Electrical and Electronic Engineering

Access to Document

10.1109/SERVICES.2011.12

Cite this

Buell, K & Collofello, J 2011, Transaction level economics of cloud applications. in Proceedings - 2011 IEEE World Congress on Services, SERVICES 2011., 6012737, Proceedings - 2011 IEEE World Congress on Services, SERVICES 2011, pp. 515-518, 2011 IEEE World Congress on Services, SERVICES 2011, Washington, DC, United States, 7/4/11. https://doi.org/10.1109/SERVICES.2011.12

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AB - Cloud computing provides many benefits to users including the elimination of up front infrastructure investment plus lower overall infrastructure costs due to increased resource usage efficiency. Cloud applications can also make use of outside services on demand. Since cloud computing operates on a payas- you-go model, application developers must understand the economics of their software in finer detail. They must understand how much their software costs to run and how much revenue they earn as their software runs. This understanding comes from knowing how the application uses infrastructure and services for which costs accumulate. We explore some fundamental concepts of cloud application economics at the transaction level.

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ER -

Transaction level economics of cloud applications

Abstract

Publication series

Other

ASJC Scopus subject areas

Access to Document

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