loading
Documents

Research.Publish.Connect.

Paper

Paper Unlock

Authors: Soheil Qanbari 1 ; Fei Li 1 ; Schahram Dustdar 1 and Tian-Shyr Dai 2

Affiliations: 1 Technical University of Vienna, Austria ; 2 National Chiao-Tung University, Taiwan

ISBN: 978-989-758-019-2

Keyword(s): Cloud Price Elasticity, Asset Pricing, Financial Options, Cloud Federation, Cloud Computing.

Related Ontology Subjects/Areas/Topics: Cloud Computing ; Cloud Computing Enabling Technology ; Cloud Cost Analysis ; Cloud Economics ; Federated Cloud ; Metering, Pricing, and Software Licensing ; Platforms and Applications ; Services Science

Abstract: Cloud providers are incorporating novel techniques to cope with prospective aspects of trading like resource allocation over future demands and its pricing elasticity that was not foreseen before. To leverage the pricing elasticity of upcoming demand and supply, we employ financial option theory (future contracts) as a mechanism to alleviate the risk in resource allocation over future demands. This study introduces a novel Cloud Asset Pricing Tree (CAPT) model that finds the optimal premium price of the Cloud federation options efficiently. Providers will benefit by this model to make decisions when to buy options in advance and when to exercise them to achieve more economies of scale. The CAPT model adapts its structure to address the price elasticity concerns and makes the demand, price inelastic and the supply, price elastic. Our empirical evidences suggest that using the CAPT model, exploits the Cloud market potential as an opportunity for more resource utilization and future capa city planning. (More)

PDF ImageFull Text

Download
Sign In Guest: Register as new SciTePress user now for free.

Sign In SciTePress user: please login.

PDF ImageMy Papers

You are not signed in, therefore limits apply to your IP address 54.198.23.251

In the current month:
Recent papers: 100 available of 100 total
2+ years older papers: 200 available of 200 total

Paper citation in several formats:
Qanbari S., Li F., Dustdar S. and Dai T. (2014). Cloud Asset Pricing Tree (CAPT) - Elastic Economic Model for Cloud Service Providers.In Proceedings of the 4th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER, ISBN 978-989-758-019-2, pages 221-229. DOI: 10.5220/0004849702210229

@conference{closer14,
author={Soheil Qanbari and Fei Li and Schahram Dustdar and Tian-Shyr Dai},
title={Cloud Asset Pricing Tree (CAPT) - Elastic Economic Model for Cloud Service Providers},
booktitle={Proceedings of the 4th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER,},
year={2014},
pages={221-229},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0004849702210229},
isbn={978-989-758-019-2},
}

TY - CONF

JO - Proceedings of the 4th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER,
TI - Cloud Asset Pricing Tree (CAPT) - Elastic Economic Model for Cloud Service Providers
SN - 978-989-758-019-2
AU - Qanbari S.
AU - Li F.
AU - Dustdar S.
AU - Dai T.
PY - 2014
SP - 221
EP - 229
DO - 10.5220/0004849702210229

Login or register to post comments.

Comments on this Paper: Be the first to review this paper.