2010
DOI: 10.1002/wics.139
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CLOUD computing

Abstract: CLOUD computing (Grid or utility computing, computing on-demand) which was the talk of the computing circles at the end of 1990s has become once again a relevant computational topic. CLOUD computing, also considered as a fifth utility after water, electric power, gas, and telephony, is on the basis of the hosting of services on clusters of computers housed in server farms. This article reviews CLOUD computing fundamentals in general, its operational modeling and quantitative (statistical) risk assessment of it… Show more

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Cited by 38 publications
(9 citation statements)
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“…Google, IBM, Microsoft, HP, Amazon, and Yahoo) have already made investments not only in cloud research but also in establishing cloud computing infrastructure services (Sahinoglu & Cueva-Parra, 2011). By 2018, more than 78 percent of workloads will be processed by cloud data centres (22 percent will be processed by traditional data centres), and, 59 percent of the total cloud workloads will be SaaS workloads, up from 41 percent in 2013 (Cisco, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…Google, IBM, Microsoft, HP, Amazon, and Yahoo) have already made investments not only in cloud research but also in establishing cloud computing infrastructure services (Sahinoglu & Cueva-Parra, 2011). By 2018, more than 78 percent of workloads will be processed by cloud data centres (22 percent will be processed by traditional data centres), and, 59 percent of the total cloud workloads will be SaaS workloads, up from 41 percent in 2013 (Cisco, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…This fact is not only because of involvement of human life and death situations in adversity, as compared to accidental casualties in the production world, but also because of lack of theoretical and experiential data base dating back to only 1990s since the launch of public internet. The author, by following examples in this area proceeds with currently popular VaR technique by Kim et al49 and Security Meter and CLOUD simulation tools (CLOURA) by Sahinoglu et al26 Monte Carlo VaR is costly to execute; it does not incorporate cost comparisons when taking measures. Consider a medium size firm holding positions in 20,000 different financial instruments.…”
Section: Discussionmentioning
confidence: 99%
“…The capital cost of hardware plus the operational cost for data center space, power, cooling and maintenance makes this cost prohibitive to all but the largest firms. However, scalable CLOURA is a very fast algorithm, that is, it can simulate a CLOUD system with 430 servers for 1000 years in less than 4 min 26 . SM simulations as in Tables 7–9 and Figures 15–17 and are relatively fast and accurate, comparable to their analytical counterparts 20–22…”
Section: Discussionmentioning
confidence: 99%
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