Towards a reusable and executable pricing model in the internet of services

Authors:
Tom Kiemes;Daniel Oberle;Francesco Novelli
Affiliations:
SAP Research, Karlsruhe, Germany;SAP Research, Karlsruhe, Germany;SAP Research, Darmstadt, Germany
Venue:
Proceedings of the 12th International Conference on Information Integration and Web-based Applications & Services
Year:
2010

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Abstract

The Internet of Services envisions the trading of services where pricing information is an important aspect to enable cost comparisons. So far, there is a lack of a comprehensive pricing model that can be reused in different settings. XML-based electronic product catalogs are not comprehensive enough and established enterprise applications or billing engines bury their pricing model in the source code. Therefore, we present a directly applicable pricing model in the form of an ontology. We also contribute a runtime environment that determines the price on the basis of a context-aware declarative service description.