Toward an economic and energy-aware cloud cost model

Authors

  • Werner Mach,

    1. University of Vienna, Research Group Workflow Systems and Technology, Währingerstr. 29, 1090 Vienna, Austria
    Search for more papers by this author
  • Erich Schikuta

    Corresponding author
    1. University of Vienna, Research Group Workflow Systems and Technology, Währingerstr. 29, 1090 Vienna, Austria
    • Correspondence to: Erich Schikuta, University of Vienna, Research Group Workflow Systems and Technology, Währingerstr. 29, 1090 Vienna, Austria.

      E-mail: erich.schikuta@univie.ac.at

    Search for more papers by this author

SUMMARY

This paper represents an economic cost model for cloud computing aiming at comprising all kinds of cost of a commercial environment. To extend conventional state-of-the-art models considering only fixed cost, we developed a concise but comprehensive analytical model, which includes also variable cost allowing for the development and evaluation of business strategies for cloud environments. These strategies can be used for both cloud providers and cloud consumers. The major goal of our model is to comprise all important economic fundamentals and methods. Thus, this new model supports the decision-making process to be applied with business cases and enables cloud consumers and cloud providers to define their own business strategies and to analyze the respective impact on their business. On the basis of this model, also, the energy efficiency of cloud systems can be evaluated according to chosen business models. Copyright © 2013 John Wiley & Sons, Ltd.

Ancillary