Distributed Systems and Economics Related to Pricing in Cloud Computing

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Provided by: IRD India
Topic: Cloud
Format: PDF
Cloud computing allows users to perform computation in a public cloud with a pricing scheme typically based on incurred resource consumption. While cloud computing is often considered as merely a new application for classic distributed systems, the authors argue that, by decoupling users from cloud providers with a pricing scheme as the bridge, cloud computing has fundamentally changed the landscape of system design and optimization. Their preliminary studies on Amazon EC2 cloud service and on a local cloud computing test bed, have revealed an interesting interplay between distributed systems and economics related to pricing.
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