A Study on BPaaS with TCO Model

Author

Thi My Hanh Le ; Alfredo, Luis Alfaro ; Hyung Rim Choi ; Min Je Cho ; Chae Soo Kim

Author_Institution

Dept. Port & Logistics Syst., Dong-A Univ., Busan, South Korea

fYear

2014

fDate

3-5 Dec. 2014

Firstpage

249

Lastpage

256

Abstract

The need for increasing and performance the agility of a business process, along with different cost control measures is currently playing an important role in the future of Business Process as a Service into the Market of Cloud Computing Services. The operational scarcities of capital and high cost pressures force the industry to seek out innovative engagement standards to accomplish plans and goals. In this paper, based on the formal Total Cost of Ownership model for Cloud Computing Services from previous study, we provide literature review, analyze, develop a mathematical approach of Total Cost of Ownership and evaluate a case study of Business Process as a Service. The implementation of this perspective could eliminate the necessitate of capital investments while reducing operational expenses, and rating differently to generate outstanding results for Cloud Service Providers and benefits for the cloud users.

Keywords

business data processing; cloud computing; cost reduction; investment; BPaaS; TCO model; business process agility; business process as a service; capital investment; cloud computing service provider; cloud users; cost control measure; formal total cost of ownership model; mathematical approach; operational expenses reduction; Cloud computing; Computational modeling; Mathematical model; Organizations; Pricing; Business Process as a Service; Case Study; Cloud Computing Services; Costs; Industrial Internet; Mathematical Model; Pricing; Total Cost of Ownership;

fLanguage

English

Publisher

ieee

Conference_Titel

Big Data and Cloud Computing (BdCloud), 2014 IEEE Fourth International Conference on

Conference_Location

Sydney, NSW

Type

conf

DOI

10.1109/BDCloud.2014.86

Filename

7034794