Title: Leveraging the modelling of return on investment for grid computing
Authors: Subhas Chandra Misra; Dheer Vora
Department of Industrial and Management Engineering, Indian Institute of Technology, Kanpur, 208 016, India.
Department of Industrial and Management Engineering, Indian Institute of Technology, Kanpur, 208 016, India
Abstract: Grid computing (GC) has emerged as a technology capable of doing complex tasks faster and more reliably. It has the potential for significant cost reduction while helping in the increase of business profits. In the last few years, GC has attracted significant attention in the research community, but its adoption in the commercial sector is often affected due to the lack of knowledge and problems associated with the analysis of costs and benefits, resource allocation and pricing mechanisms. This article aims to serve leverage various types of companies calculate their initial cost, recurring costs and benefits, and, hence, return on investment (ROI), for GC, by customising the model presented, according to their respective individual business scenarios and cases. This customisation is required, because the initial and recurring costs of GC would be different for different types of companies, especially those which are already using high performance computing (HPC) technologies. It is envisioned that because of the model's simplicity and ease for customisation, companies would find it useful.
Keywords: return on investment; ROI; grid computing costs; grid computing benefits; modelling; initial cost; recurring costs.
Int. J. of Information Technology, Communications and Convergence, 2011 Vol.1, No.4, pp.359 - 371
Available online: 30 Dec 2011