Cloud Computing Costs and Benefits

Although cloud computing is in all mouth today it seems that there exist only little evidences in literature that it is more economical effective than classical data center approaches. Due to a performed qualitative analysis on COBIT, TOGAF and ITIL this paper postulates that cloud-based approaches are likely to provide more benefits than disprofits to IT management. Nevertheless one astonishing issue is the not often stressed ex ante cost intransparency of cloud based approaches which is a major implicit problem for IT investment decisions. This paper presents considerations how to estimate costs of cloud based systems before they enter their operational phase. This is necessary in order to make economical IT investment decisions for or against cloud computing more objective.

[1]  G. Bruce Berriman,et al.  The Application of Cloud Computing to Astronomy: A Study of Cost and Performance , 2010, 2010 Sixth IEEE International Conference on e-Science Workshops.

[2]  Karl Aberer,et al.  An Economic Approach for Scalable and Highly-Available Distributed Applications , 2010, 2010 IEEE 3rd International Conference on Cloud Computing.

[3]  Walter Brisken,et al.  To Lease or Not to Lease from Storage Clouds , 2010, Computer.

[4]  Jie Qiu,et al.  The Method and Tool of Cost Analysis for Cloud Computing , 2009, 2009 IEEE International Conference on Cloud Computing.

[5]  Schahram Dustdar,et al.  Cloud computing for small research groups in computational science and engineering: current status and outlook , 2010, Computing.

[6]  Nane Kratzke.  Cloud-based IT Management Impacts - Qualitative Weaknesses and Strengths of Clouds , 2011, CLOSER.

[7]  Alexandru Iosup,et al.  C-Meter: A Framework for Performance Analysis of Computing Clouds , 2009, 2009 9th IEEE/ACM International Symposium on Cluster Computing and the Grid.

[8]  Pasi Tyrväinen,et al.  Dedicated vs. On-demand Infrastructure Costs in Communications-intensive Applications , 2011, CLOSER.

[9]  Lee Gillam,et al.  Cloud Computing, Principles, Systems and Applications , 2010, Cloud Computing.

[10]  Raghu Ramakrishnan,et al.  Data Management in the Cloud , 2009, 2009 IEEE 25th International Conference on Data Engineering.

[11]  Asoke K. Talukder,et al.  Cloud Economics: Principles, Costs, and Benefits , 2010, Cloud Computing.

[12]  Scott Hazelhurst,et al.  Scientific computing using virtual high-performance computing: a case study using the Amazon elastic computing cloud , 2008, SAICSIT '08.

[13]  Sachin Agarwal,et al.  Brief Announcement: Cloud Computing Games: Pricing Services of Large Data Centers , 2009, DISC.

[14]  Rajkumar Buyya,et al.  A cost-benefit analysis of using cloud computing to extend the capacity of clusters , 2010, Cluster Computing.

[15]  Cyril Onwubiko,et al.  Security Issues to Cloud Computing , 2010, Cloud Computing.

[16]  Tim Kraska,et al.  Data Management in the Cloud: Promises, State-of-the-art, and Open Questions , 2010, Datenbank-Spektrum.

[17]  Brian Hayes,et al.  What Is Cloud Computing? , 2019, Cloud Technologies.

[18]  Henry M. Tufo,et al.  Developing a Cloud Computing Charging Model for High-Performance Computing Resources , 2010, 2010 10th IEEE International Conference on Computer and Information Technology.