Ten Lessons from Finance for Commercial Sharing of IT Resources

Ten Lessons from Finance for Commercial Sharing of IT Resources

Giorgos Cheliotis (IBM Research GmbH, Switzerland), Chris Kenyon (IBM Research GmbH, Switzerland) and Rajkumar Buyya (University of Melbourne, Australia)
Copyright: © 2005 |Pages: 21
DOI: 10.4018/978-1-59140-429-3.ch011
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Abstract

Sharing IT resources within and among organizations is an attractive value proposition in terms of efficiency and flexibility, but despite this, commercial practice is limited. In contrast, financial and commodity markets have proved very successful at dynamic allocation of different resource types to many different organizations. Thus to understand how the potential benefits of sharing IT resources may be promoted in practice, we analyze enabling factors in successful markets. We present 10 basic lessons for IT resource sharing derived from a financial perspective and modified by considering the nature and context of IT resources. From each lesson we derive the required software or process capability required to support it. We then evaluate the maturity of the respective capabilities within the peer-to-peer and grid environments using a simple framework based on the standard Capability Maturity Model approach. We conclude with a description of the largest capability gaps and the lowest hanging fruit for making IT resource sharing a more viable business proposition.

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Table of Contents
Foreword
John R. Patrick
Acknowledgments
Ramesh Subramanian, Brian D. Goodman
Chapter 1
Detlef Schoder, Kai Fischbach, Christian Schmitt
This chapter reviews core concepts of peer-to-peer (P2P) networking. It highlights the management of resources, such as bandwidth, storage... Sample PDF
Core Concepts in Peer-to-Peer Networking
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Chapter 2
Choon Hoong Ding, Sarana Nutanong, Rajkumar Buyya
Peer-to-peer (P2P) systems are popularly used as “file swapping” networks to support distributed content sharing. A number of P2P networks for file... Sample PDF
Peer-to-Peer Networks for Content Sharing
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Chapter 3
Dinesh C. Verma
This chapter describes a peer-to-peer approach for managing data backup and recovery in an enterprise environment. Data management systems in... Sample PDF
Using Peer-to-Peer Systems for Data Management
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Chapter 4
Cristina Schmidt, Manish Parashar
This chapter investigates the current landscape of peer-to-peer (P2P) storage and discovery systems. A classification of existing P2P discovery... Sample PDF
Peer-to-Peer Information Storage and Discovery Systems
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Chapter 5
Ross Lee Graham
The security concerns for a peer-to-peer implementation of nomadic networks are described with special emphasis on taxonomy and on their... Sample PDF
Peer-to-Peer Security Issues in Nomadic Networks
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Chapter 6
Sridhar Asvathanarayanan
Computing strategies have constantly undergone changes, from being completely centralized to client-servers and now to peer-to-peer networks.... Sample PDF
Potential Security Issues in a Peer-to-Peer Network from a Database Perspective
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Chapter 7
Michael Bursell
This chapter examines the issue of security in peer-to-peer (P2P) systems from the standpoint of trust. It takes the view that P2P systems present... Sample PDF
Security and Trust in P2P Systems
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Chapter 8
Stacey L. Dogan
The introduction of peer-to-peer technology has posed enormous challenges for traditional copyright law. Whereas historically copyright holders... Sample PDF
Peer-to-Peer Technology and the Copyright Crossroads
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Chapter 9
Werner Geyer, Juergen Vogel, Li-Te Cheng, Michael J. Muller
This chapter describes the design and system architecture of a new peer-to-peer technology for personal collaboration based on the notion of shared... Sample PDF
Personal Peer-to-Peer Collaboration Based on Shared Objects
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Chapter 10
Vladimir Soroka, Michal Jacovi, Yoelle S. Maarek
Peer-to-peer (P2P) technology has spread through the Web over the last few years through several incarnations, ranging from search for... Sample PDF
"Let Me Know What You Know" ReachOut as a Model for a Peer-to-Peer Knowledge Sharing Network
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Chapter 11
Giorgos Cheliotis, Chris Kenyon, Rajkumar Buyya
Sharing IT resources within and among organizations is an attractive value proposition in terms of efficiency and flexibility, but despite this... Sample PDF
Ten Lessons from Finance for Commercial Sharing of IT Resources
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Chapter 12
Xin Li, Aryya Gangopadhyay
This chapter introduces applications of Web services in bioinformatics as a specialized application of peer-to-peer (P2P) computing. It explains the... Sample PDF
Applications of Web Services in Bioinformatics
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Chapter 13
Irwin Boutboul, Dikran S. Meliksetian
n this chapter, we propose a new approach for content delivery services by meshing together the best of grid computing and peer-to-peer (P2P)... Sample PDF
Content Delivery Services in a Grid Environment
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