Costing of Cloud Computing Services: A Total Cost of Ownership Approach

Author(s):  
Benedikt Martens ◽  
Marc Walterbusch ◽  
Frank Teuteberg
Ekonomika ◽  
2021 ◽  
Vol 67 (4) ◽  
pp. 37-54
Author(s):  
Ognjen Radović ◽  
Maša Georgiev ◽  
Milica Đorđević

Cloud Computing offers significant cost benefits for SMEs that often do not manage internal IT infrastructure and start-up companies that do not have their own IT infrastructure. This paper presents a total cost of ownership (TCO) approach for cloud computing services with an emphasis on the infrastructure as a service (IaaS) model. Also, the paper presents a methodology for estimating total cost of ownership (TCO) when running computer instances in the IaaS cloud using the GARCH model to predict transaction volatility. The research results show that it is possible to successfully use GARCH models when there is historical data on the number of transactions. In addition, simulation shows that, when there are large oscillations in the number of transactions, the best choice is to reserve instances according to the Partial-Upfront price model. In contrast, if the transaction number is relatively stable, the best choice is the All-Upfront model.


2011 ◽  
Vol 30 (4) ◽  
pp. 198 ◽  
Author(s):  
Yan Han

This paper consists of four major sections: The first section is a literature review of cloud computing and a cost model. The next section focuses on detailed overviews of cloud computing and its levels of services: SaaS, PaaS, and IaaS. Major cloud computing providers are introduced, including Amazon Web Services (AWS),<br />Microsoft Azure, and Google App Engine. Finally, case studies of implementing web applications on IaaS and PaaS using AWS, Linode and Google AppEngine are demonstrated. Justifications of running on an IaaS provider (AWS) and running on a PaaS provider (Google AppEngine) are described. The last section discusses costs and technology analysis comparing cloud computing with local managed storage and servers. The total costs of ownership (TCO) of an AWS small instance are significantly<br />lower, but the TCO of a typical 10TB space in Amazon S3 are<br />significantly higher. Since Amazon offers lower storage pricing for huge amounts of data, the TCO might be lower. Readers should do their own analysis on the TCOs.


2010 ◽  
Vol 3 (7) ◽  
pp. 37 ◽  
Author(s):  
Harry Katzan, Jr

Cloud computing is a technique for supplying computer facilities and providing access to software via the Internet.  Cloud computing represents a contextual shift in how computers are provisioned and accessed.  One of the defining characteristics of cloud software service is the transfer of control from the client domain to the service provider.  Another is that the client benefits from economy of scale on the part of the provider.  Cloud computing is particularly attractive to small and medium-sized educational institutions, because it represents a lower total cost of ownership (TCO) than alternative modalities.


2021 ◽  
Vol 12 (1) ◽  
pp. 90-97
Author(s):  
Dr. Anamika Ahirwar ◽  
◽  
Anshu Singh Parihar

Cloud computing is very helpful for a business just because cloud computing helps the small and large business to start a digital business. Due to the rapid growth of computing resources over the past years, cloud computing has been treated as a prominent research field and this technology appeared as a new solution in the IT field. Many businesses including small, medium, and enterprise are migrating to this technology for so many reasons such as availability of computing resources, reduced total cost of ownership, on- demand services, increased revenue, and many more. Cloud Computing offers a number of advantages of cloud migration that motivated business enterprises to adopt this change. Our Prime Minister Mr. Narendra Modi Ji dreams to make a digital India and the cloud could help to make India digital.


2014 ◽  
Vol 3 ◽  
pp. 94-112
Author(s):  
Angelė Pečeliūnaitė

The article analyses the possibility of how Cloud Computing can be used by libraries to organise activities online. In order to achieve a uniform understanding of the essence of technology SaaS, IaaS, and PaaS, the article discusses the Cloud Computing services, which can be used for the relocation of libraries to the Internet. The improvement of the general activity of libraries in the digital age, the analysis of the international experience in the libraries are examples. Also the article discusses the results of a survey of the Lithuanian scientific community that confirms that 90% of the scientific community is in the interest of getting full access to e-publications online. It is concluded that the decrease in funding for libraries, Cloud Computing can be an economically beneficial step, expanding the library services and improving their quality.


2006 ◽  
Vol 101 (7-8) ◽  
pp. 435-439
Author(s):  
Walther Maier ◽  
Johannes Rothmund ◽  
Uwe Heisel

2016 ◽  
Vol 111 (12) ◽  
pp. 798-801
Author(s):  
Gisela Lanza ◽  
Volker Schulze ◽  
Farboud Bejnoud ◽  
Tom Stähr ◽  
Anne Wruck ◽  
...  

Author(s):  
Shengju Yang

In order to solve the trust problems between users and cloud computing service providers in cloud computing services, the existing trust evaluation technology and access control technology in the cloud computing service are analyzed. And the evaluation index of cloud computing is also analyzed. Users can calculate the relevant indicators of cloud computing service according to their own business goals, and choose the appropriate cloud computing services according to their own trust need. In addition, the reliability assessment method of users based on the service process is proposed. Cloud computing access control system can be used for user credibility evaluation, and it can handle user access requests according to user&#039;s creditability. In the study, a cloud computing service trust evaluation tool is designed, and the modeling and architecture designs of trust evaluation are also given. The effectiveness of the method is verified by experiments on cloud computing service evaluation methods.


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