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UCC '13 Proceedings of the 2013 IEEE/ACM 6th International Conference on Utility and Cloud Computing
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Proposal of Cloud Computing is tightly coupled withlow cost. Reduction of cost is considered as an importantadvantage of Cloud. However, there are no availabletools proper for cost calculation and analysis in Cloudenvironment. This paper presents our efforts towardsfilling in the gap. We format suits of metrics and formulasfor the calculation of Cloud Total Cost of Ownership(TCO) and Utilization Cost, considering the elasticfeature of Cloud infrastructure and widely adoptedvirtualization technology in Cloud. This provides afoundation for evaluating economic efficiency of Cloudand provides indications for cost optimization of Cloud.We have developed our calculation and analysisapproach into a web tool which is used in the internalCloud environment and demonstrate initially its analysiscapability on the cost distribution and utilizationimbalance factor.