high-speed accounting for virtual resources

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© 2011 The SESERV Consortium 1 High-speed Accounting for Virtual Resources Martin Waldburger University of Zurich Poznan, Poland, October 25, 2011 SESERV Socio-Economic Services for European Research Projects http://www.seserv.org European Seventh Framework CSA FP7-2010-ICT-258138

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Page 1: High-speed Accounting for Virtual Resources

© 2011 The SESERV Consortium 1

High-speed Accounting for Virtual Resources

Martin WaldburgerUniversity of Zurich

Poznan, Poland, October 25, 2011

SESERVSocio-Economic Services for European Research Projectshttp://www.seserv.org

European Seventh Framework CSA FP7-2010-ICT-258138

Page 2: High-speed Accounting for Virtual Resources

© 2011 The SESERV Consortium 2

• Accounting = Collect and store resource usage records

• Value of accounted fordata depends on accountingdemand

• Accounting provides quantified basis for• Accountability• Value creation

High-speed Accounting for Virtual Resources

Page 3: High-speed Accounting for Virtual Resources

© 2011 The SESERV Consortium 3

Data Center Scenario

Bottlenecks:• Very high speed• #Customers

Bottlenecks:• Very high speed• #Customers

• Time/packet• #flows

Risk:• Loss of information• Granularity loss

Risk:• Loss of information• Granularity loss

Jurisdictions:• Data retention• Data protection• Consumer protection• Contract law

Jurisdictions:• Data retention• Data protection• Consumer protection• Contract law

Multi-tier value network:• Accountability, trust?Charging and billing:• Value in terms of revenue

Multi-tier value network:• Accountability, trust?Charging and billing:• Value in terms of revenue

Benefit >Costs?Benefit >Costs?

Page 4: High-speed Accounting for Virtual Resources

© 2011 The SESERV Consortium 4

Conclusions

• Reliable, working accounting system is key• Basis for accountability and value creation• Multiple demand drivers – resulting tension

fields

• Accounting essential for value creation• But consider costs as well!

• Managerial, technical feasibility• Feasible, but many challenges ahead!