Insurance-Based Business Web Services Composition

As more web services that implement core functions of business are delivered to customers with service charges, an open and competitive business web services market must be established. However, the qualities of these business web services are unknown without real experiences and users are unable to make decisions on service selection. To address this problem, the authors adopt insurance into business web services composition. In this paper, the authors propose three insurance models for business web services. Based on the insurance models, the authors propose an approach to compute the expected profit of composite business web services, which can be used as a criterion for business web services composition. The insurance of business web services and the criterion for business web services composition will help service competition and boost the development of more business web services and the software industry.