Cost Analysis of Current Grids and Its Implications for Future Grid Markets
GECON '08 Proceedings of the 5th international workshop on Grid Economics and Business Models
Cost-benefit analysis of Cloud Computing versus desktop grids
IPDPS '09 Proceedings of the 2009 IEEE International Symposium on Parallel&Distributed Processing
Cloud Migration: A Case Study of Migrating an Enterprise IT System to IaaS
CLOUD '10 Proceedings of the 2010 IEEE 3rd International Conference on Cloud Computing
Cloudward bound: planning for beneficial migration of enterprise applications to the cloud
Proceedings of the ACM SIGCOMM 2010 conference
To move or not to move: the economics of cloud computing
HotCloud'11 Proceedings of the 3rd USENIX conference on Hot topics in cloud computing
The Cloud Adoption Toolkit: supporting cloud adoption decisions in the enterprise
Software—Practice & Experience
A cost analysis of cloud computing for education
GECON'12 Proceedings of the 9th international conference on Economics of Grids, Clouds, Systems, and Services
Delivering cloud services with qos requirements: an opportunity for ICT SMEs
GECON'12 Proceedings of the 9th international conference on Economics of Grids, Clouds, Systems, and Services
Towards a federated cloud ecosystem: enabling managed cloud service consumption
GECON'12 Proceedings of the 9th international conference on Economics of Grids, Clouds, Systems, and Services
Cost models - pillars for efficient cloud computing: position paper
International Journal of Intelligent Systems Technologies and Applications
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Cloud computing aims at allowing customers to utilize computational resources and software hosted by service providers. Thus, it shifts the complex and tedious resource and software management tasks typically done by customers to the service providers. Besides promising to eliminate these obstacles of resource management for consumers, Cloud computing also promises to reduce the cost of IT infrastructure. In particular, it promises to reduce the cost of IT through lower capital and operational expenses, stemming from a Cloud's economies of scale and from allowing organizations to purchase just as much computer and storage resources as needed whenever needed. A clear specification of savings however requires a detailed specification of the costs incurred. Although there are some efforts to define cost models for Clouds, the need for a comprehensive cost model, which covers all cost factors, is undeniable. In this paper, we cover this gap by suggesting a cost model for hybrid Clouds (i.e., the combinations of a private data center (private Cloud) and the public Cloud). This model is based on a comprehensive literature research on cost factors and the idea of combining cost of data centers and cost for using Clouds. Finally, we demonstrate the workings of the suggested cost model by applying it to a specific Cloud scenario.