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The major shortcoming of Grid middleware systems is the lack of economic-enhanced Grid services. These new services are necessary in order to let Grid users benefit from the properties of the Grid. Those properties comprise the availability of on-demand computational power, simplicity of access to resources, low cost of ownership, and a pay-for-use pricing(More)
For many years, the convergence of Internet data services and transport network services based on optical transmission has been at the heart of car-riers' investments and business strategies. Over time, the inherent segmentation of IP and transport networks has created major technology differences, thus impacting their management and operation. In addition,(More)
Currently, the Internet service provider market offers two different types of pricing plans. In the USA, the predominant pricing plan is a flat-rate plan. In Europe and Asia, the predominant one is a per-minute pricing plan. Enrolled in such a pricing plan, users have to pay for the connect time to the Internet. Although Internet Service Providers (ISPs)(More)
This paper discusses the rationales for a Grid market and, in particular , the introduction of a market place for trading commoditized computing resources. The market place proposed makes computing resources from different providers substitutable through virtualization. This includes the definition of a spot and future market as well as the parameters that(More)