Total Costs of Service Life: The Need of Decision Support in Selecting, Comparing and Orchestrating Services

Becker J, Beverungen D, Matzner M, Müller O (2010)


Publication Language: English

Publication Type: Conference contribution, Original article

Publication year: 2010

Publisher: Springer

Series: Lecture Notes in Business Information Processing (LNBIP)

City/Town: Berlin

Book Volume: 53

Pages Range: 282-288

Conference Proceedings Title: Exploring Service Sciences

Event location: Geneva, Switzerland CH

URI: http://www.iadisportal.org/digital-library/total-cost-of-service-life-%C2%96-decision-support-for-selecting-and-orchestrating-services

DOI: 10.1007/978-3-642-14319-9_25

Abstract

Conventional services as well as web services are explored and discovered by descriptions of their properties. Such properties are either functional or non-functional. Amongst the non-functional properties is the price for service consumption. Evaluating the price of a service is difficult due to a huge variety of existing pricing models and conditions. But still, it is important to a service consumer to evaluate arising costs, esp. in scenarios of long-term usage and if combining several services. In theory and practice so far there exists no method that sufficiently guides the decision of selecting specific services regarding the non-functional property price. This paper strives to promote research-in-progress for such a method, which is based on the TCO concept and on insights from capital budgeting in investment theory. The method is indented to support service consumers in selecting a specific service, in comparing several functionally similar services, and finally in evaluating complete service orchestrations.

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How to cite

APA:

Becker, J., Beverungen, D., Matzner, M., & Müller, O. (2010). Total Costs of Service Life: The Need of Decision Support in Selecting, Comparing and Orchestrating Services. In Morin Jean-Henry, Ralyté Jolita, Snene Mehdi (Eds.), Exploring Service Sciences (pp. 282-288). Geneva, Switzerland, CH: Berlin: Springer.

MLA:

Becker, Jörg, et al. "Total Costs of Service Life: The Need of Decision Support in Selecting, Comparing and Orchestrating Services." Proceedings of the International Conference Exploring Service Science (IESS 2010), Geneva, Switzerland Ed. Morin Jean-Henry, Ralyté Jolita, Snene Mehdi, Berlin: Springer, 2010. 282-288.

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