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Cost Analysis of Current Grids and its Implications for Future Grid Markets
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Risch, Marcel | - |
dc.contributor.author | Altmann, Jorn | - |
dc.date.accessioned | 2009-08-10T04:58:55Z | - |
dc.date.available | 2009-08-10T04:58:55Z | - |
dc.date.issued | 2008-08 | - |
dc.identifier.citation | GECON 2008, Workshop on Grid Economics and Business Models, Springer LNCS, Las Palmas, Spain, August 2008 | en |
dc.identifier.uri | https://hdl.handle.net/10371/6770 | - |
dc.description.abstract | Commercial Grid markets have been a topic of research for many
years. Many claims about the advantages of trading computing resources on markets have been made. However, due to a lack of Grid computing offerings, these claims could not be verified. This paper analyzes the question whether using the Grid is financially advantageous, using the Amazon.com EC2 service as a reference. To perform this analysis, the costs of computing resources in different usage scenarios are calculated, if Grid resources and in-house resources are used. The comparison of the costs reveals that while the Grid is cheaper in the short term, it is not a good investment in the long term and, thus, the existence of a Grid economy will not lead to an end of ownership but rather to a reduction in in-house resources and more efficient resource usage. | en |
dc.language.iso | en | en |
dc.publisher | Springer LNCS | en |
dc.subject | Commercial Grids | en |
dc.subject | Grid Computing | en |
dc.subject | Business Models | en |
dc.subject | Cost Modeling | en |
dc.subject | Capacity Planning | en |
dc.subject | Grid Economics | en |
dc.subject | Utility Computing | en |
dc.subject | Markets | en |
dc.title | Cost Analysis of Current Grids and its Implications for Future Grid Markets | en |
dc.type | Conference Paper | en |
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