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A Game-Theoretical Approach to the Benefits of Cloud Computing

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Economics of Grids, Clouds, Systems, and Services (GECON 2011)

Part of the book series: Lecture Notes in Computer Science ((LNCCN,volume 7150))

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Abstract

In order to answer the question whether or not to utilize the cloud for processing, this paper aims at identifying characteristics of potential cloud beneficiaries and advisable actions to actually gain financial benefits. A game-theoretic model of an Infrastructure-as-a-Service (IaaS) cloud market, covering dynamics of pricing and usage, is suggested. Incorporating the possibility of hybrid clouds (clouds plus own infrastructure) into this model turns out essential for cloud computing being significantly in favor of not only the provider but the client as well. Parameters like load profiles and economy of scale have a huge effect on likely future pricing as well as on a cost-optimal split-up of client demand between a client’s own data center and a public cloud service.

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Author information

Authors and Affiliations

  1. Graduate Program Automatisms, University of Paderborn, Warburger Str. 100, 33098, Paderborn, Germany

    Jörn Künsemöller

  2. Computer Networks Group, University of Paderborn, EIM-I, Pohlweg 47-49, 33098, Paderborn, Germany

    Holger Karl

Authors
  1. Jörn Künsemöller
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  2. Holger Karl
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Editor information

Editors and Affiliations

  1. Department of Mathematics and Computer Science, University of Antwerp, Middelheimlaan 1, 2020, Antwerp, Belgium

    Kurt Vanmechelen

  2. College of Engineering, Department of Industrial Engineering, Technology Management, Economics, and Policy Program, Seoul National University, 599 Gwanak-Ro, Gwanak-Gu, 151-744, Seoul, South-Korea

    Jörn Altmann

  3. School of Computer Science, Cardiff University, Queen’s Buildings, Newprt Road, CF24 3AA, Cardiff, UK

    Omer F. Rana

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© 2012 Springer-Verlag Berlin Heidelberg

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Künsemöller, J., Karl, H. (2012). A Game-Theoretical Approach to the Benefits of Cloud Computing. In: Vanmechelen, K., Altmann, J., Rana, O.F. (eds) Economics of Grids, Clouds, Systems, and Services. GECON 2011. Lecture Notes in Computer Science, vol 7150. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-28675-9_11

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  • DOI: https://doi.org/10.1007/978-3-642-28675-9_11

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-28674-2

  • Online ISBN: 978-3-642-28675-9

  • eBook Packages: Computer ScienceComputer Science (R0)

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