Ten Lessons from Finance for Commercial Sharing of IT Resources
Publication Type
Book Chapter
Publication Date
2005
Abstract
Sharing IT resources within and among organizations is an attractive value proposition in terms of efficiency and flexibility, but despite this, commercial practice is limited. In contrast, financial and commodity markets have proved very successful at dynamic allocation of different resource types to many different organizations. Thus to understand how the potential benefits of sharing IT resources may be promoted in practice, we analyze enabling factors in successful markets. We present 10 basic lessons for IT resource sharing derived from a financial perspective and modified by considering the nature and context of IT resources. From each lesson we derive the required software or process capability required to support it. We then evaluate the maturity of the respective capabilities within the peer-to-peer and grid environments using a simple framework based on the standard Capability Maturity Model approach. We conclude with a description of the largest capability gaps and the lowest hanging fruit for making IT resource sharing a more viable business proposition.
Discipline
Business | Computer Sciences | Technology and Innovation
Publication
Peer to Peer Computing: The Evolution of a Disruptive Technology
Editor
Ramesh Subramanian, and Brian D. Goodman
First Page
244
Last Page
264
ISBN
9781591404316
Publisher
Idea Group
City or Country
Hersey PA
Citation
CHELIOTIS, Giorgos; KENYON, C.; and Buyya, R..
Ten Lessons from Finance for Commercial Sharing of IT Resources. (2005). Peer to Peer Computing: The Evolution of a Disruptive Technology. 244-264.
Available at: https://ink.library.smu.edu.sg/sis_research/834
Additional URL
http://www.worldcat.org/oclc/57557227