hrvatski

Economic models for cloud storage

The chapter acknowledges that a body of literature exists, much of it from service providers and consultants/consultancy companies, which highlights the financial/economic benefits of using cloud services for the storage of digital information. On what basis are these claims made? In particular what economic models underpin them? The chapter aims to comprehensively identify primary literature that examines economic models of the cloud for digital information storage or provides in- depth discussion and/or analysis of pricing and costing of StaaS (Storage-as-a-Service). The literature is critically reviewed to provide analysis of potential models, their theoretical basis and underlying assumptions which ARM (archives and records managers) professionals can use to inform their decision-making and business case preparation for using cloud storage services. Four different economic or financial/management accounting theories (with some 'variations on a theme') underpin the models presented. The chapter explores the use or otherwise of economic models by ARM professionals in practice to estimate/predict the medium to longer term cost implications of adopting the cloud for StaaS and what issues of trust arise in making an appropriate economic decision and/or business case. Finally, the chapter addresses the issues of trust in CSPs (Cloud Service Providers) offering IaaS (Infrastructure-as-a-Service) by claiming that the trust should be looked upon as a combined socio-technical set of requirements, roles, rules, policies, procedures, best practices, responsibilities, and responsible governance.

cloud storage ; digital storage costs ; records ; archives ; total cost of ownership ; trust in cloud service providers

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