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In only a decade, cloud computing has emerged from a pursuit for a service-driven information and communication technology (ICT), becoming a significant fraction of the ICT market. Responding to the growth of the market, many alternative cloud services and their underlying systems are currently vying for the attention of cloud users and providers. To make informed choices between competing cloud service providers, permit the cost-benefit analysis of cloud-based systems, and enable system DevOps to evaluate and tune the performance of these complex ecosystems, appropriate performance metrics, benchmarks, tools, and methodologies are necessary. This requires re-examining old system properties and considering new system properties, possibly leading to the re-design of classic benchmarking metrics such as expressing performance as throughput and latency (response time). In this work, we address these requirements by focusing on four system properties: (i) elasticity of the cloud service, to accommodate large variations in the amount of service requested, (ii)  performance isolation between the tenants of shared cloud systems and resulting performance variability , (iii)  availability of cloud services and systems, and (iv) the operational risk of running a production system in a cloud environment. Focusing on key metrics for each of these properties, we review the state-of-the-art, then select or propose new metrics together with measurement approaches. We see the presented metrics as a foundation toward upcoming, future industry-standard cloud benchmarks.

General rightsCopyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights.• Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal Take down policyIf you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim.

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