Profitability and cost management of trustworthy composite services

Hisain Elshaafi, Jimmy McGibney, Dmitri Botvich

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Building business solutions may require combining multiple existing services. In SOA paradigm this can be achieved using composite services. Composite services may be in turn recursively composed with other services into higher level solutions. The number of component services that need to be aggregated may be large and dynamically changing. Additionally, the component services may vary in their trustworthiness and cost and in their importance to the value of the composite service. Therefore, determining and maintaining the optimal composition in terms of its short-term and long-term profitability and building and expanding consumer base for composite service providers are challenging goals especially in the competitive business service environments. This paper addresses how to create profitable, consumer-focused and trustworthy composite services through optimising pricing and managing the cost and the trustworthiness of those services. The techniques described support consumer differentiation, prioritisation of offered services and dynamic capacity-dependent component charging.

Original languageEnglish
Title of host publicationTrust, Privacy and Security in Digital Business - 9th International Conference, TrustBus 2012, Proceedings
Pages179-191
Number of pages13
DOIs
Publication statusPublished - 2012
Event9th International Conference on Trust, Privacy and Security in Digital Business, TrustBus 2012 - Vienna, Austria
Duration: 03 Sep 201207 Sep 2012

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume7449 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference9th International Conference on Trust, Privacy and Security in Digital Business, TrustBus 2012
Country/TerritoryAustria
CityVienna
Period03/09/201207/09/2012

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