Business Models for Insurance of Business Web Services

2011 ◽  
pp. 487-498
Author(s):  
Liu Wenyin ◽  
An Liu ◽  
Qing Li ◽  
Liusheng Huang

A new business—insurance on business Web services—is proposed. As more and more Web services will be developed to fulfill the ever increasing needs of e-Business, the e-marketplace for Web services will soon be established. However, the qualities of these business Web services are unknown without real experiences and users can hardly make decisions on service selection. We propose that insurance can help build trust in the market of Web services. In this chapter, we propose three insurance models for business Web services and enabling technologies, including quality description, reputation scheme, transaction analysis, etc. We believe that the insurance of business Web services will help service competition and hence boost the development of more and more business Web services, and the software industry at large.

Author(s):  
Liu Wenyin ◽  
An Liu ◽  
Qing Li ◽  
Liusheng Huang

A new business—insurance on business Web services—is proposed. As more and more Web services will be developed to fulfill the ever increasing needs of e-Business, the e-marketplace for Web services will soon be established. However, the qualities of these business Web services are unknown without real experiences and users can hardly make decisions on service selection. We propose that insurance can help build trust in the market of Web services. In this chapter, we propose three insurance models for business Web services and enabling technologies, including quality description, reputation scheme, transaction analysis, etc. We believe that the insurance of business Web services will help service competition and hence boost the development of more and more business Web services, and the software industry at large.


Author(s):  
An Liu ◽  
Liu Wenyin ◽  
Liusheng Huang ◽  
Qing Li ◽  
Mingjun Xiao

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.


Author(s):  
An Liu ◽  
Liu Wenyin ◽  
Liusheng Huang ◽  
Qing Li ◽  
Mingjun Xiao

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.


Author(s):  
An Liu ◽  
Hai Liu ◽  
Baoping Lin ◽  
Liusheng Huang ◽  
Naijie Gu ◽  
...  

Web services technologies promise to create new business applications by composing existing services and to publish these applications as services for further composition. The business logic of applications is described by abstract processes consisting of tasks which specify the required functionality. Web services provision refers to assigning concrete Web services to perform the constituent tasks of abstract processes. It describes a promising scenario where Web services are dynamically chosen and invoked according to their up-to-date functional and non-functional capabilities. It introduces many challenging problems and has therefore received much attention. In this article, the authors provide a comprehensive overview of current research efforts. The authors divide the lifecycle of Web services provision into three steps: service discovery, service selection, and service contracting. They also distinguish three types of Web services provision according to the functional relationship between services and tasks: independent provision, cooperative provision and multiple provision. Following this taxonomy, we investigate existing works in Web services provision, discuss open problems, and shed some light on potential research directions.


Author(s):  
An Liu ◽  
Hai Liu ◽  
Baoping Lin ◽  
Liusheng Huang ◽  
Naijie Gu ◽  
...  

Web services technologies promise to create new business applications by composing existing services and to publish these applications as services for further composition. The business logic of applications is described by abstract processes consisting of tasks which specify the required functionality. Web services provision refers to assigning concrete Web services to perform the constituent tasks of abstract processes. It describes a promising scenario where Web services are dynamically chosen and invoked according to their up-to-date functional and non-functional capabilities. It introduces many challenging problems and has therefore received much attention. In this article, the authors provide a comprehensive overview of current research efforts. The authors divide the lifecycle of Web services provision into three steps: service discovery, service selection, and service contracting. They also distinguish three types of Web services provision according to the functional relationship between services and tasks: independent provision, cooperative provision and multiple provision. Following this taxonomy, we investigate existing works in Web services provision, discuss open problems, and shed some light on potential research directions.


2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Yao Jun ◽  
Alisa Craig ◽  
Wasswa Shafik ◽  
Lule Sharif

Devices are increasingly getting connected to the internet with the advances in technologies called the Internet of Things (IoT). The IoTs are the physical device in which are embedded with software, sensors, among other technologies. Linking and switching data resources with other devices, IoT has been recognized to be a trending research arena due to the world’s technological advancement. Every stage of technology avails several capacities, for instance, the IoT avails any device, anyone, any service, any technological path or any network, any place, and any context to be connected. The effective IoT applications permit public and private business organizations to regulate their assets, optimize the performance of the business, and develop new business models. In this study, we scrutinize the IoT progress as an approach to the technological upgrade through analyzing traits, architectures, applications, enabling technologies, and future challenges. To enable an aging society, and optimize different kinds of mobility and transportation, and helps to enhance the effectiveness of energy, along with the definition and characteristics of the IoT devices, the study examined the architecture of the IoT that includes the perception layer, transmission layer, application layer, and network management. It discusses the enabling technologies of the IoT that include application domain, middleware domain, network domain, and object domain. The study further evaluated the role of the IoT and its application in the everyday lives of the people by making smart cities, smart agriculture and waste management, retail and logistics, and smart environment. Besides the benefits, the IoT has demonstrated future technological challenges and is equally explained within the study.


2020 ◽  
Vol 6 (3) ◽  
pp. 17-20
Author(s):  
Farxod Tursunov ◽  

The article discusses the role of the digital economy in the development of the country, how it becomes the basis of the economy, new business models and management systems. The opinion of scientistsis analyzed, a definition of a digital enterprise is given


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