Notes on Cloud computing principles
Thomas Sandholm, Dongman Lee

TL;DR
This paper reviews fundamental principles of distributed systems and economic models in Cloud computing, emphasizing their inter-dependencies to better understand Cloud as a new business model for selling computational resources.
Contribution
It provides an integrated review of core distributed systems and economic principles in Cloud computing, highlighting their inter-dependencies often overlooked in prior work.
Findings
Clarifies the relationship between distributed systems and economic principles in Cloud computing
Highlights the importance of understanding these principles together for better Cloud deployment
Provides a conceptual framework for analyzing Cloud computing as a business model
Abstract
This letter provides a review of fundamental distributed systems and economic Cloud computing principles. These principles are frequently deployed in their respective fields, but their inter-dependencies are often neglected. Given that Cloud Computing first and foremost is a new business model, a new model to sell computational resources, the understanding of these concepts is facilitated by treating them in unison. Here, we review some of the most important concepts and how they relate to each other.
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Taxonomy
TopicsCloud Computing and Resource Management · Distributed and Parallel Computing Systems · Advanced Data Storage Technologies
