Designing a reference economic model for Cloud Selection

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About Designing a reference economic model for Cloud Selection


Cloud computing is a novel computational paradigm which stands over an economic model based on "pay-as-you-go". Customers pay in function of the services used to run their applications. Unfortunately when selecting the best-fit cloud provider for an application, customers find out that aspects such as the structure and pricing criteria vary from one provider to another what makes this procedure a painful task. In this project, students must apply a bottom-up approach that will analyze the pricing structures of existing cloud providers to design a reference model. To do so, they will conduct an exploratory study that will establish the basis for the design of this reference economic model. Finally, to establish the viability of the resulting model, two case studies have to be carried out utilizing realistic data from exiting cloud providers.