Economic Models for Managing Cloud Services
Economic Models for Managing Cloud Services

Author: Sajib Mistry

Publisher: Springer

Published: 2018-02-10

Total Pages: 154

ISBN-13: 3319738763

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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.

Measuring the Business Value of Cloud Computing
Measuring the Business Value of Cloud Computing

Author: Theo Lynn

Publisher: Springer Nature

Published: 2020-08-27

Total Pages: 142

ISBN-13: 3030431983

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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.

Cloud Computing Service and Deployment Models: Layers and Management
Cloud Computing Service and Deployment Models: Layers and Management

Author: Bento, Al

Publisher: IGI Global

Published: 2012-10-31

Total Pages: 389

ISBN-13: 1466621885

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"This book presents a collection of diverse perspectives on cloud computing and its vital role in all components of organizations, improving the understanding of cloud computing and tackling related concerns such as change management, security, processing approaches, and much more"--Provided by publisher.

Trust and Records in an Open Digital Environment
Trust and Records in an Open Digital Environment

Author: Hrvoje Stancic

Publisher: Routledge Guides to Practice in Libraries, Archives and Information Science

Published: 2020-12-31

Total Pages: 262

ISBN-13: 9780367436995

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Trust and Records in an Open Digital Environment explores issues that arise when digital records are entrusted to the cloud and will help professionals to make informed choices in the context of a rapidly changing digital economy. Showing that records need to ensure public trust, especially in the era of alternative truths, this volume argues that reliable resources, which are openly accessible from governmental institutions, e-services, archival institutions, digital repositories, and cloud-based digital archives, are the key to an open digital environment. The book also demonstrates that current established practices need to be reviewed and amended to include the networked nature of the cloud-based records, to investigate the role of new players, like cloud service providers (CSP), and assess the potential for implementing new, disruptive technologies like blockchain. Stančic and the contributors address these challenges by taking three themes - state, citizens, and documentary form - and discussing their interaction in the context of open government, open access, recordkeeping, and digital preservation. Exploring what is needed to enable the establishment of an open digital environment, Trust and Records in an Open Digital Environment should be essential reading for data, information, document, and records management professionals. It will also be a key text for archivists, librarians, professors, and students working in the information sciences and other related fields.

Business in the Cloud
Business in the Cloud

Author: Michael H. Hugos

Publisher: John Wiley & Sons

Published: 2010-11-02

Total Pages: 228

ISBN-13: 0470616237

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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.

Cloud FinOps
Cloud FinOps

Author: J.R. Storment

Publisher: "O'Reilly Media, Inc."

Published: 2019-12-12

Total Pages: 272

ISBN-13: 1492054577

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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

The Economics of Cloud Computing
The Economics of Cloud Computing

Author: Bill Williams

Publisher: Cisco Press

Published: 2012-06-25

Total Pages: 107

ISBN-13: 0132904160

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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.

Economic Models and Algorithms for Distributed Systems
Economic Models and Algorithms for Distributed Systems

Author: Dirk Neumann

Publisher: Springer Science & Business Media

Published: 2010-02-13

Total Pages: 263

ISBN-13: 3764388994

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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.

Cloud Computing For Dummies
Cloud Computing For Dummies

Author: Judith S. Hurwitz

Publisher: John Wiley & Sons

Published: 2009-11-16

Total Pages: 336

ISBN-13: 0470484705

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The easy way to understand and implement cloud computing technology written by a team of experts Cloud computing can be difficult to understand at first, but the cost-saving possibilities are great and many companies are getting on board. If you've been put in charge of implementing cloud computing, this straightforward, plain-English guide clears up the confusion and helps you get your plan in place. You'll learn how cloud computing enables you to run a more green IT infrastructure, and access technology-enabled services from the Internet ("in the cloud") without having to understand, manage, or invest in the technology infrastructure that supports them. You'll also find out what you need to consider when implementing a plan, how to handle security issues, and more. Cloud computing is a way for businesses to take advantage of storage and virtual services through the Internet, saving money on infrastructure and support This book provides a clear definition of cloud computing from the utility computing standpoint and also addresses security concerns Offers practical guidance on delivering and managing cloud computing services effectively and efficiently Presents a proactive and pragmatic approach to implementing cloud computing in any organization Helps IT managers and staff understand the benefits and challenges of cloud computing, how to select a service, and what's involved in getting it up and running Highly experienced author team consults and gives presentations on emerging technologies Cloud Computing For Dummies gets straight to the point, providing the practical information you need to know.

Architecting Cloud Computing Solutions
Architecting Cloud Computing Solutions

Author: Kevin L. Jackson

Publisher: Packt Publishing Ltd

Published: 2018-05-30

Total Pages: 367

ISBN-13: 1788470745

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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.