Intranet Tools

nb. next round of REF2013 will NOT be using data from eprints.ecs, but the central university REF interface.

RSS 1.0 Feed
RSS 2.0 Feed
Atom Feed
 

Business Integration as a Service

Chang, V., Walters, R. and Wills, G. (2012) Business Integration as a Service. International Journal of Cloud Applications and Computing, 2 (1). ISSN 2156-1834, eISSN 2156-1826 (In Press)

Download

[img]
Preview
Accepted Version
PDF

498Kb

Abstract

This paper presents Business Integration as a Service (BIaS) which enables connections between services operating in the Cloud. BIaS integrates different services and business activities to achieve a streamline process. We illustrate this integration using two services; Return on Investment (ROI) Measurement as a Service (RMaaS) and Risk Analysis as a Service (RAaaS) in two case studies at the University of Southampton and Vodafone/Apple. The University of Southampton case study demonstrates the cost-savings and the risk analysis achieved, so two services can work as a single service. The Vodafone/Apple case study illustrates statistical analysis and 3D Visualisation of expected revenue and associated risk. These two cases confirm the benefits of BIaS adoption, including cost reduction and improvements in efficiency and risk analysis. Implementation of BIaS in other organisations is also discussed. Important data arising from the integration of RMaaS and RAaaS are useful for management of University of Southampton and potential and current investors for Vodafone/Apple.

Item Type:Article
Creator/Authors:
Victor Chang
Robert Walters
Gary Wills
Keywords:Business Integration as a Service (BIaS); ROI Measurement as a Service (RMaaS); Risk Analysis as a Service (RAaaS); BIaS Case Studies
Research Group:Current ECS Groups > Electronic and Software Systems
Old ECS Groups > Intelligence, Agents, Multimedia
Old ECS Groups > Learning Societies Lab
ISSN:2156-1834, eISSN 2156-1826
Date:3 January 2012
Information about this record:
Citations:
ID Code:23060
Last Modified:05 Feb 2012 21:56
Deposited On:12 Dec 2011 19:48 by Chang, Victor

Tools & Metadata

Download Statistics

Last month

Last year

Members of ECS may view the download statistics dashboard for this record.

References in Article

Select the SEEK icon to attempt to find the referenced article. If it does not appear to be in this archive you will be forwarded to the paracite service. Poorly formated references will probably not work.

Ahronovitz, et al. [about 30 authors], “Cloud Computing Use Cases White Paper”, Version 4.0, National Institute of Standards and Technology, July 2010.

Armbrust, M., Fox, A., Griffith, R., Jseph, A. D., Katz, R. H., Kownwinski, A., Lee, G., Patterson, D., Rabkin, A., Stoica, I., Zaharia, M., “Above the Clouds: A Berkeley View of Cloud computing”. Technical Report, No. UCB/EECS-2009-28, UC Berkeley, Feb 2009.

Bhaskaran, K.; Jen-Yao Chung; Das, R.; Heath, T.; Kumaran, S.; Nandi, P., "An e-business integration and collaboration platform for B2B e-commerce", Third International Workshop on Advanced Issues of E-Commerce and Web-Based Information Systems, WECWIS 2001, San Juan, CA , USA , 21 - 22 Jun 2001.

Boss, G., Malladi, P., Quan, D., Legregni. L., and Hall, H., “Cloud Computing”, IBM white paper, Version 1.0, October 2007.

Brandic, I., Music, D., Leitner, P. and Dustdar, S., "VieSLAF Framework: Enabling Adaptive and Versatile SLA-Management.", the 6th International Workshop on Grid Economics and Business Models 2009 (Gecon09), 25- 28 August 2009, Delft, The Netherlands.

Brigo, D., Dalessandro, A., Neugebauer, M. and Triki, F., "A Stochastic Processes Toolkit for Risk Management", Working Paper, King's College London, November 2007.

Briscoe, G. and Marinos, A., “Digital ecosystems in the clouds: towards community cloud computing”. In: IEEE 2009 the 3rd IEEE International Conference on Digital Ecosystems and Technologies (DEST 2009), New York, USA, pp. 103-108.

Buyya, R., Yeo, C. S., Venugopal, S., Broberg, J. and Brandic, I., “Cloud computing and emerging IT platforms: Vision, hype, and reality for delivering computing as the 5th utility”, Journal of Future Generation Computer Systems, Volume 25, Issue 6, June 2009, Pages 559-616.

Buyya, R., Ranjan, R. and Calheiros, R. N., "InterCloud: Utility-Oriented Federation of Cloud Computing Environments for Scaling of Application Services", Algorithm and Architectures for Parallel Processing, Lecture Notes in Computer Science, 2010, Volume 6081/2010, 13-31.

Carr, P., Geman, H., Madan, D., and Yor, M., “The fine structure of asset returns: An empirical investigation”, Journal of Business, 75 (2), 305-332, 2002.

Chang, V., Bacigalupo, D., Wills, G., De Roure, D., “A Categorisation of Cloud Computing Business Models”, CCGrid 2010 IEEE conference, Melbourne, Australia, May 2010 (2010 a).

Chang, V., Wills, G. and De Roure, D., “A Review of Cloud Business Models and Sustainability”, IEEE Cloud 2010, the third International Conference on Cloud Computing, 5-10 July 2010, Miami, Florida, USA (2010 b).

Chang, V., Wills, G. and De Roure, D. (2010) Cloud Business Models and Sustainability: Impacts for businesses and e-Research. In: UK e-Science All Hands Meeting 2010, Software Sustainability Workshop, 13-16th September, 2010, Cardiff (2010 c).

Chang, V., Li, C.S, De Roure, D., Wills, G., Walters, R. and Chee, C., “The Financial Clouds Review”, International Journal of Cloud Applications and Computing, 1 (2). pp. 41-63. ISSN 2156-1834, (2011 a).

Chang, V., De Roure, D., Wills, G., Walters, R. and Barry, T., “Organisational Sustainability Modelling for Return on Investment: Case Studies presented by a National Health Service (NHS) Trust UK”. Journal of Computing and Information Technology, 19 (3). ISSN Print ISSN 1330-1136 (2011 b)

Chang, V., De Roure, D., Wills, G. and Walters, R. (2011) Case Studies and Organisational Sustainability Modelling presented by Cloud Computing Business Framework. International Journal of Web Services Research, 8 (3). pp. 26-53. ISSN 1545-7362 (2011 c)

Chang, V., Wills, G. and Walters, R., “Towards Business Integration as a Service 2.0 (BIaS 2.0)”. In: IEEE International Conference on e-Business Engineering, The 3rd International Workshop on Cloud Services - Platform Accelerating e-Business , 19-21 October, 2011, Beijing, China (2011 d).

Chang, V., Wills, G., Walters, R. and Currie, W., “Towards a structured Cloud ROI: The University of Southampton cost-saving and user satisfaction case studies”, Sustainable Green Computing: Practices, Methodologies and Technologies. (In Press) (2011 e).

Chou, T., “Seven Clear Business Models”, Active Book Press, 2009.

Choudhury, A.R., King, A., Kumar, S. and Sabharwal, Y., “Optimisations in Financial Engineering: the Least-Squares Monte Carlo method of Longstaff and Schwarts”, IEEE International Parallel and Distributed Computing, IPDPS 2008.

Christudas, B. D., “Service Oriented Java Business Integration”, Book, published by Packt, ISBN: 978-1847194404, February 2008.

De Roure, D., Page, K.R., Fields, B., Crawford, T., Downie J. S., and Fujinaga, I., "An e-Research Approach to Web-Scale Music Analysis", in Philosophical Transactions of the Royal Society Series A, 2011.

Dietmann, A., Helbok, R., Lackner, .P, Fischer, M., Reindl, M., Lell, B., Issifou, S., Kremsner, P. and Schmutzhard, E., “Pathophysiology and severe malaria – from basic knowledge to new therapeutic approaches”, Europena Journal of Tropical Medicine and International Health, Vol. 14, Issue 2, September 2009.

Frohlich M. T. and Westbrook R., "Demand chain management in manufacturing and services: web-based integration, drivers and performance, Journal of Operations Management, Volume 20, page 729–745, 2002.

Foster, I., Zhao, Y., Raicu, I., Lu, S. Y. (2008), “Cloud Computing and Grid Computing 360-Degree Compared”, IEEE Grid Computing Environments (GCE08), 12-16 Nov 2008, Austin, Texas, USA.

Höing, A., Scherp, G., Gudenkauf, S., Meister, D., and Brinkmann, A., "An Orchestration as a Service Infrastructure Using Grid Technologies and WS-BPEL", Service-Oriented Computing, Lecture Notes in Computer Science, 2009, Volume 5900/2009, 301-315.

Hosono, S., Kuno, A., Hasegawa, M., Hara, T., Shimomura, Y., and Arai, T., “A Framework of Co-creating Business Values for IT Services”, 2009 IEEE International Conference on Cloud Computing, September 21-25, 2009, Bangalore, India.

Iyengar, A., Jessani, V. and Chilanti, M., "WebSphere Business Integration Primer: Process Server, BPEL, SCA, and SOA", Book, ISBN :013224831X 9780132248310, 2007.

Kagermann, H., Österle, H., Jordan, J. M., "IT-Driven Business Models: Global Case Studies in Transformation", John Wiley & Sons, 2011.

Kaplan, B., and Duchon, D., "Combining Qualitative and Quantitative Methods in Information Systems Research: A Case Study", page 571-586, MIS Quarterly , Vol. 12, No. 4, December 1988.

Khajeh-Hosseini A, Greenwood D and Sommerville I, “Cloud Migration: A Case Study of Migrating an Enterprise IT System to IaaS”, 3rd IEEE International conference on Cloud Computing, Cloud 2010, 5-10 July 2010; Miami, USA.

Krippaehne, R. C., McCullouch, B. G., and Vanegas, J. A., "Verticak Business Integration Strategies for Construction", Journal of Management in Engineering, 1992.

Lee, C.F., Lee, A.C. and Lee, J. (Editors on behalf of 30 authors),“Handbook of Quantitative Finance and Risk Management, Volume 1”, Springer publisher, ISBN 978-0-387-77116-8, 2010.

Longstaff, F.A., and Schwartz, E.S., “Valuing American Options by Simulations: A Simple Least-Squares Approach”. Review of Financial Studies, 14, 1, 113–147, 2001.

Moran, D., Vaquero, L.M. and Galan, F., "Elastically Ruling the Cloud: Specifying Application's Behavior in Federated Clouds", 2011 IEEE International Conference on Cloud Computing, 4-9 July 2011, Washington D. C., USA.

Moreno, M. and Navas, J.F., “On the Robustness of Least-Square Monte Carlo (LSM) for Pricing American Derivatives”, Journal of Economic Literature Classification, April 2001.

Norta, A., "A Hub Architecture for Service Ecosystems", Towards Business-to-Business Automation with an Ontology-Enabled Collaboration Platform, Technical Paper, 2010, University of Helsinki, Finland.

Pajorova E and Hluchy L, "3D visualization the results of complicated Grid and Cloud-based applications", the 14th International Conference on Intelligent Engineering Systems (INES), 5-7 May 2010, Las Palmas, Spain.

Papazoglou, M.P., and Georgakopoulos, D., "Service Oriented Computing", Communications of the ACM, Vol. 46, No. 10, October 2003.

Papazoglou M. P. and van den Heuvel, W-J., “Blueprinting the Cloud”, IEEE Internet Computing, Vol. 15 No. 6, November/December 2011.

Rebstock, M., Fengel, J. and Paulheim, H., "Ontologies-based business integration", Book, published by Springer, ISBN: 978-3-540-75229-5, 2008.

Ribeiro, C. and Webber, N., “Valuing Path Dependent Options in the Variance-Gamma Model by Monte Carlo with a Gamma Bridge”, Working Paper, No.02-04, Warwick Business School, September 2002.

Ribeiro, C. and Webber, N., “Valuing path-dependent options in the variance-gamma model by Monte Carlo with a gamma bridge”, The Journal of Computational Finance 7 (2):81–100, 2004.

Rings, T., Caryer, G., Gallop, J., Grabowski, J., Kovacikova, T., Schulz, S. and Stokes-Rees, I., "Grid and Cloud Computing: Opportunities for Integration with the Next Generation Network", Journal of Grid Computing, DOI 10.1007/s10723-009-9132-5, August 2009.

Schubert, H., Jeffery, K. and Neidecker-Lutz, B., “The Future for Cloud Computing: Opportunities for European Cloud Computing Beyond 2010”, Expert Group report, public version 1.0, January 2010.

Sun Microsystems White Paper, “Introduction to Cloud Computing Architecture”, 1st Edition, June 2009.

Trastour, D., Preist, C., and Coleman, D. “Using Semantic Web Technology to Enhance Current Business-to-Business Integration Approaches”, HP Technical Report, November 2003.

Truong, H-L. and Dustdar, S., "Cloud Computing for Small Research Groups in Computational Science and Engineering: Current Status and Outlook", Journal of Computing, SprngLink, 10.1007/s00607-010-0120-1, Vol. 90, September 2010.

Vinoski, S., "Java business integration" IEEE Internet Engineering, Vol. 9, Issue 4, August 2005.

Vojdani, A. F., “Tools for Real-Time Business Integration and Collaboration”, IEEE Transactions on Power Systems, 2003.

Waters, D., “Quantitative Methods for Business” Fourth Edition, Prentice Hall, Financial Times, 2008.

Weinhardt, C., Anandasivam, A., Blau, B., Borissov, N., Meinl T, Michalk, W. and Stober, J., (2009), “Cloud Computing – A Classification, Business Models, and Research Directions”, Journal of Business and Information Systems Engineering, 2009.

Zimmermann, H. G., Neuneier, R. and Grothmann, R., "Active Portfolio-Management based on Error Correction Neural Networks, Working Paper, Siemens AG, 2006.

Corrections

ECS staff and postgraduates may modify this record

  Welcome from Deputy Head of School (Research) Research Prospectus Industrial Partnerships New Research Students Notes for Guidance New Research Students Notes for Guidance
The ECS EPrints Repository supports OAI 2.0 with a base URL of http://eprints.ecs.soton.ac.uk/cgi/oai2

EPrints is free software developed by the University of Southampton to facilitate Open Access to research.
EPrints