Paper Info
Title
Economics-driven resource scalability on the cloud.
Abstract
Virtualization of resources in cloud computing has enabled application developers to commission and recommission resources at will and on demand. This virtualization is a coin with two sides. On one hand, the flexibility in managing virtual resources has enabled application developers to more efficiently manage their costs; they can easily remove unnecessary resources or add resources temporarily when the demand suddenly increases. On the other hand, the volatility of such environment and the velocity with which changes can occur may have a greater impact on the economic position of a stakeholder and the business balance of the overall ecosystem. In this work, we recognise the business ecosystem of cloud computing as an economy of scale and explore the effect of this fact on decisions concerning scaling the infrastructure of web applications to account for fluctuations in demand. The goal is to reveal and formalize opportunities for economically optimal scaling decisions that take into account not only the cost of infrastructure, but also the revenue from service delivery and eventually the profit of the service provider.
Year
DOI
Venue
2016
10.1145/2897053.2897068
SEAMS@ICSE
Keywords
Field
DocType
cloud economics,adaptive systems,web software systems
Virtualization,Business ecosystem,Service provider,Utility computing,Management,Web application,Service delivery framework,Environmental economics,Business,Scalability,Cloud computing
Conference
ISBN
Citations 
PageRank 
978-1-5090-2243-4
5
0.40
References 
Authors
17
3
Name
Order
Citations
PageRank
Marios Fokaefs123118.28
Cornel Barna219514.28
Marin Litoiu32147128.80