Volume -I , Issue -VI, August 2014


Author(s) :

Farhan Akthar, Syed Amer Ali , Shiva Prasad Padigala and Bommidi Bhaskar


In the old days, the price for IT services was formed in a pretty standardized way. Network services had an explicit usage price per Kbit/ sec. The range of provided IT services have been growing very fast and have reached new dimensions of complexity. From infrastructure pricing to web-enabled application availability and performance nowadays the old rules for defining service pricing is not applicable any more. Today it is difficult or sometime even impossible to associate the provided service levels with the cost related to the processes of operation, maintenance and the capital cost behind it. The old measures of dollars per Kbit/sec cannot be the right measure any more. For example setting the price for one transaction per second does not define at all what is needed to perform two transactions per second. What should be a penalty in the case of breaking SLAs? Where is the golden mean here? How can it be found?


Simulation Modeling , IT Cost Analysis , pretty standardized

  1. 1.Bossel H., Modeling & Simulation, A. K. Peters Pub., 1994.
  2. 2.Delaney W., and E. Vaccari, Dynamic Models and Discrete Event Simulation, Dekker, 1989
  3. 3.Fishman G., Discrete-Event Simulation: Modeling, Programming and Analysis, Springer-Verlag,Berlin, 2001.
  4. 6.Gimblett R., Integrating Geographic Information Systems and Agent-Based Modeling: Techniques for Simulating Social and Ecological Processes, Oxford University Press, 2002.
  5. 8.Haas P., Stochastic Petri Net Models Modeling and Simulation, Springer Verlag, 2002
  6. 10.Kouikoglou V., and Y. Phillis, Hybrid Simulation Models of Production Networks, Kluwer Pub., 2001.
  7. 9.Hill D., Object-Oriented Analysis and Simulation Modeling, Addison-Wesley, 1996
  8. 5.Ghosh S., and T. Lee, Modeling & Asynchronous Distributed Simulation: Analyzing Complex Systems, IEEE Publications, 2000.
  9. 7.Harrington J., and K. Tumay, Simulation Modeling Methods: An Interactive Guide to Results-Based Decision, McGraw-Hill, 1998
  10. 4.Fishwick P., Simulation Model Design and Execution: Building Digital Worlds, Prentice-Hall, Englewood Cliffs, 1995.
How to Cite this Paper? [APA Style]
Farhan Akthar, Syed Amer Ali , Shiva Prasad Padigala and Bommidi Bhaskar, (2014), USING SIMULATION MODELING FOR IT COST ANALYSIS, Industrial Science Journal, http://industrialscience.org/Article.aspx?aid=50&vid=6, (August, 2014)
Full Text in PDF

Full Article in PDF Format

Comment on this article...!!!

Previous Comments...
No previous comments.


Alert Me...!!!

When new article publish, article link will mail to your mail...

Enter Your Name :
Enter Your Email ID :

For Authors

For Readers