Abstract
The economic impact of cloud computing is often seen as its key success factor. Cloud computing is associated with the potential to fundamentally and sustainably change the way in which IT resources are deployed and used, not only in individual companies, but also in the IT industry as a whole. Experts often mention dramatic time savings, lower risks, and fewer obstacles to the introduction of new applications as well as significant cost savings in general while implementing IT projects as the main benefits of cloud computing. This chapter gives an overview of some fields of application relevant to cloud computing and the economic aspects and issues associated with them.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Armbrust M, Fox A, Griffith R, Joseph A, Katz R, Konwinski A, Lee G, Patterson D, Rabkin A, Stoica I, and Zaharia M. Above the Clouds: A Berkeley View of Cloud Computing. Technical Report No. UCB/EECS-2009-28. Electrical Engineering and Computer Sciences. University of California at Berkeley. USA. 2009
Klems M, Nimis J, and Tai S. Do Clouds Compute? A Framework for Estimating the Value of Cloud Computing. Proc. 7th Workshop of e-Business (WeB 2008). Springer LNBIP
Menzel M, Schönherr M, Nimis J, and Tai S. (MC2)2: A Generic Decision-Making Framework and its Application to Cloud Computing. Proc. International Conference on Cloud Computing and Virtualization. 2010
Animoto http://animoto.com
Microsoft – The Economics of the Cloud http://www.microsoft.com/presspass/presskits/cloud/docs/The-Economics-of-the-Cloud.pdf
New York Times Archives + Amazon Web Services = TimesMachinehttp://open.blogs.nytimes.com/2008/05/21/the-new-york-timesarchives-amazon-web-services-timesmachine/
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2011 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Baun, C., Kunze, M., Nimis, J., Tai, S. (2011). Economic Considerations. In: Cloud Computing. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-20917-8_7
Download citation
DOI: https://doi.org/10.1007/978-3-642-20917-8_7
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-20916-1
Online ISBN: 978-3-642-20917-8
eBook Packages: Computer ScienceComputer Science (R0)