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Cloud computing markets face challenges, such as a large variety of different resource types in the market. A large variety of resource types results in a low number of matches of ask and bids. Consequently, the market has a low liquidity, which is economically inefficient and can lead to market...
Persistent link: https://www.econbiz.de/10008925089
Low liquidity of cloud markets can result in market instability and inefficiency, preventing the successful implementation of ubiquitous computing on demand. To circumvent this issue, it has been suggested to channel demand and supply into a limited number of standardized services. These...
Persistent link: https://www.econbiz.de/10010837125
Due to the large variety in computing resources, Cloud markets often suffer from a low probability of finding matches between consumers' bids and providers' asks, resulting in low market liquidity. The approach of SLA templates (i.e., templates for electronic contracts) is a means to reduce this...
Persistent link: https://www.econbiz.de/10010627529
Cloud computing is supposed to offer resources (i.e., data, software, and hardware services) in a manner similar to traditional utilities such as water, electricity, gas, and telephony. However, the current Cloud market is fragmented and static, preventing the successful implementation of...
Persistent link: https://www.econbiz.de/10010837128
Research into computing resource markets has mainly considered the question of which market mechanism provides a fair resource allocation. It has not been discussed how a large variety of resource types influences the liquidity of resources in the market. Markets containing large numbers of...
Persistent link: https://www.econbiz.de/10008511391