1st International ICST Workshop on Utility computing enhanced with high bit rate networks: Opportunity and requirements

Research Article

Economic Aspects of a Utility Computing Service

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  • @INPROCEEDINGS{10.4108/gridnets.2007.2223,
        author={Jean Paul Degabriele and David Pym},
        title={Economic Aspects of a Utility Computing Service},
        proceedings={1st International ICST Workshop on Utility computing enhanced with high bit rate networks: Opportunity and requirements},
        publisher={ICST},
        proceedings_a={UTILITYCOMPUTING},
        year={2007},
        month={10},
        keywords={Utility Computing Economics Modelling Pricing Security Resource Flexing DEMOS 2000.},
        doi={10.4108/gridnets.2007.2223}
    }
    
  • Jean Paul Degabriele
    David Pym
    Year: 2007
    Economic Aspects of a Utility Computing Service
    UTILITYCOMPUTING
    ICST
    DOI: 10.4108/gridnets.2007.2223
Jean Paul Degabriele1,*, David Pym2,*
  • 1: Trusted Systems Lab Hewlett-Packard Laboratories, Filton Road, Stoke Gifford, Bristol BS34 8QZ, UK +44 (0) 117 312 8658
  • 2: Trusted Systems Lab Hewlett-Packard Laboratories, Filton Road, Stoke Gifford, Bristol BS34 8QZ, UK +44 (0) 117 312 8012
*Contact email: jeanpaul.degabriele@hp.com, david.pym@hp.com

Abstract

We present a case study of business and systems modelling for a Utility Computing service. Our analysis is concerned mainly with service pricing, resource flexing, and costs related to preventive security measures. We explain the conceptual and mathematical basis of our modelling approach, describing the details of a particular (discrete event, executable) model of a Utility Computing service, and show how the information obtained from such a model can aid business and design decisions.