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Decisions, Models and Opportunities in Cloud Computing Economics: A Review of Research on Pricing and Markets

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Service Research and Innovation (ASSRI 2013)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 177))

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Abstract

Cloud computing has emerged as a key information technology and systems model over the last few years. Major organizations have developed and delivered cloud computing solutions and continue to do so. Consequently, a number of strides were made in the advancement of technology leading to a growth in the adoption of cloud computing. The growing recognition of cloud computing services necessitates a focus on the business aspects of cloud. However, we feel that research in this area is scant. To this effect, we performed a systematic review of cloud computing literature and reviewed 2891 abstracts and 157 articles published until the year 2012. Based on the findings of the review, we establish a framework for organising the extant research on cloud business aspects. Using the framework, we find cloud economics to be the most widely researched business aspect. In this paper, we provide a detailed review of the application of decision models in the context of cloud economics, with a specific focus on pricing and markets. The proposed framework and review results serve as a reference to IS researchers and practitioners to understand decision situations, models and opportunities.

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Authors and Affiliations

  1. Department of Management Studies, IIT Madras, Chennai, 600033, India

    Sowmya Karunakaran, Venkataraghavan Krishnaswamy & R. P. Sundarraj

Authors
  1. Sowmya Karunakaran
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  2. Venkataraghavan Krishnaswamy
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  3. R. P. Sundarraj
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Corresponding author

Correspondence to Sowmya Karunakaran .

Editor information

Editors and Affiliations

  1. University of Sydney, Sydney, New South Wales, Australia

    Joseph G. Davis

  2. University of Washington, Tacoma, Washington, USA

    Haluk Demirkan

  3. IBM Almaden Research Center, San Jose, California, USA

    Hamid R. Motahari-Nezhad

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Karunakaran, S., Krishnaswamy, V., Sundarraj, R.P. (2014). Decisions, Models and Opportunities in Cloud Computing Economics: A Review of Research on Pricing and Markets. In: Davis, J., Demirkan, H., Motahari-Nezhad, H. (eds) Service Research and Innovation. ASSRI 2013. Lecture Notes in Business Information Processing, vol 177. Springer, Cham. https://doi.org/10.1007/978-3-319-07950-9_7

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  • DOI: https://doi.org/10.1007/978-3-319-07950-9_7

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-07949-3

  • Online ISBN: 978-3-319-07950-9

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