IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v49y2017i6p521-533.html
   My bibliography  Save this article

Cost–benefit analysis – evaluation model of cloud computing deployment for use in companies

Author

Listed:
  • Petra Maresova
  • Vladimir Sobeslav
  • Ondrej Krejcar

Abstract

The use of cloud computing services appears to offer significant cost advantages. The most frequently mentioned advantages include investment and operating costs saving, high elasticity of services as well as increased flexibility of certain business processes. On the other hand, the adoption of cloud computing in enterprise environments is non-trivial. Understanding the organizational benefits and drawbacks is far from straightforward. The adoption of cloud computing results in a considerable amount of organizational change that will affect employees. The aim of this contribution is to conduct and describe the evaluation model of cloud computing that would be applicable in business practice for evaluating the effectiveness of such investments. The target users of this model are primarily people in companies with decision-making power in the investment field. The appropriate starting point based on the multi-criteria evaluation was the cost–benefit analysis (CBA) approach for cloud computing (CC). A multi-method approach (systematic literature review, analysis of real cloud computing services, expert interview, case study) was applied in order to develop and evaluate the formal model. We found that our model fits the practical requirements and supports decision-making in cloud computing.

Suggested Citation

  • Petra Maresova & Vladimir Sobeslav & Ondrej Krejcar, 2017. "Cost–benefit analysis – evaluation model of cloud computing deployment for use in companies," Applied Economics, Taylor & Francis Journals, vol. 49(6), pages 521-533, February.
    • Handle: RePEc:taf:applec:v:49:y:2017:i:6:p:521-533
    DOI: 10.1080/00036846.2016.1200188
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2016.1200188
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2016.1200188?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ekin Birol & Katia Karousakis & Phoebe Koundouri, 2006. "Using economic valuation techniques to inform water resources management: A survey and critical appraisal of available techniques and an application," DEOS Working Papers 0607, Athens University of Economics and Business.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oluwaseun Fadeyi & Ondrej Krejcar & Petra Maresova & Kamil Kuca & Peter Brida & Ali Selamat, 2019. "Opinions on Sustainability of Smart Cities in the Context of Energy Challenges Posed by Cryptocurrency Mining," Sustainability, MDPI, vol. 12(1), pages 1-20, December.
    2. Xin Li & Konstantinos J. Chalvatzis & Phedeas Stephanides, 2018. "Innovative Energy Islands: Life-Cycle Cost-Benefit Analysis for Battery Energy Storage," Sustainability, MDPI, vol. 10(10), pages 1-19, September.
    3. Hana Tomaskova & Martin Kopecky, 2020. "Specialization of Business Process Model and Notation Applications in Medicine—A Review," Data, MDPI, vol. 5(4), pages 1-42, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Windle, Jill & Rolfe, John, 2010. "Assessing community values for reducing agricultural emissions to improve water quality and protect coral health in the Great Barrier Reef," Research Reports 107583, Australian National University, Environmental Economics Research Hub.
    2. Aparicio, Jesus & Tenza-Abril, Antonio & Borg, Malcolm & Galea, John & Candela, Lucila, 2018. "Agricultural irrigation of vine crops from desalinated and brackish groundwater under an economic perspective. A case study in Siġġiewi, Malta," MPRA Paper 92268, University Library of Munich, Germany, revised 04 Sep 2018.
    3. del Saz Salazar, Salvador & Hernandez Sancho, Francesc & Sala Garrido, Ramon, 2009. "Estimación del valor económico de la calidad del agua de un río mediante una doble aproximación: una aplicación de los principios económicos de la Directiva Marco del Agua," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 9(01), pages 1-27.
    4. Jill Windle & John Rolfe, 2010. "Assessing community values for reducing agricultural emissions to improve water quality and protect coral health in the Great Barrier Reef," Environmental Economics Research Hub Research Reports 1084, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    5. Halkos, George E. & Jones, Nikoleta, 2012. "Modeling the effect of social factors on improving biodiversity protection," Ecological Economics, Elsevier, vol. 78(C), pages 90-99.
    6. Cornelius (Chris) Reynders & Harmony Musiyarira & Prvoslav Marjanovic, 2012. "The Value of Decentralisation in Wastewater Management - Gauteng Province Case Study, South Africa," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 1(2), pages 65-84, September.
    7. Rotimi Joseph & David Proverbs & Jessica Lamond, 2015. "Assessing the value of intangible benefits of property level flood risk adaptation (PLFRA) measures," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(2), pages 1275-1297, November.
    8. Groothuis, Peter A. & Cockerill, Kristan & Mohr, Tanga McDaniel, 2015. "Water does not flow up hill: determinants of willingness to pay for water conservation measures in the mountains of western North Carolina," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 59(C), pages 88-95.
    9. Zamboni, Nadia Selene & Noleto Filho, Eurico Mesquita & Carvalho, Adriana Rosa, 2021. "Unfolding differences in the distribution of coastal marine ecosystem services values among developed and developing countries," Ecological Economics, Elsevier, vol. 189(C).
    10. Ressurreição, Adriana & Gibbons, James & Dentinho, Tomaz Ponce & Kaiser, Michel & Santos, Ricardo S. & Edwards-Jones, Gareth, 2011. "Economic valuation of species loss in the open sea," Ecological Economics, Elsevier, vol. 70(4), pages 729-739, February.
    11. Jose-Luis Molina & Jose García-Aróstegui & John Bromley & Jose Benavente, 2011. "Integrated Assessment of the European WFD Implementation in Extremely Overexploited Aquifers Through Participatory Modelling," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 25(13), pages 3343-3370, October.
    12. Alcon, Francisco & Zabala, José A. & Martínez-García, Victor & Albaladejo, José A. & López-Becerra, Erasmo I. & de-Miguel, María D. & Martínez-Paz, José M., 2022. "The social wellbeing of irrigation water. A demand-side integrated valuation in a Mediterranean agroecosystem," Agricultural Water Management, Elsevier, vol. 262(C).
    13. Sandra Notaro & Alessandro Paletto, 2008. "Natural disturbances and natural hazards in mountain forests: a framework for the economic valuation," Department of Economics Working Papers 0808, Department of Economics, University of Trento, Italia.
    14. Wright, Stuart A.L. & Fritsch, Oliver, 2011. "Operationalising active involvement in the EU Water Framework Directive: Why, when and how?," Ecological Economics, Elsevier, vol. 70(12), pages 2268-2274.
    15. Yee, Susan H. & Paulukonis, E. & Simmons, C. & Russell, M. & Fulford, R. & Harwell, L. & Smith, L.M., 2021. "Projecting effects of land use change on human well-being through changes in ecosystem services," Ecological Modelling, Elsevier, vol. 440(C).
    16. Jingdong Zhang & Jiatian Fu & Chaoyang Liu & Zhiguang Qu & Yanan Li & Fei Li & Zhaofei Yang & Luping Jiang, 2019. "Evaluating Water Resource Assets Based on Fuzzy Comprehensive Evaluation Model: A Case Study of Wuhan City, China," Sustainability, MDPI, vol. 11(17), pages 1-16, August.
    17. Sidrat Asim & Heman D. Lohano, 2015. "Households’ Willingness to Pay for Improved Tap Water Services in Karachi, Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 54(4), pages 507-526.
    18. Susan Harrell Yee & Angelica Sullivan & Kathleen C. Williams & Kirsten Winters, 2019. "Who Benefits from National Estuaries? Applying the FEGS Classification System to Identify Ecosystem Services and their Beneficiaries," IJERPH, MDPI, vol. 16(13), pages 1-22, July.
    19. Westerberg, Vanja Holmquist & Lifran, Robert & Olsen, Søren Bøye, 2010. "To restore or not? A valuation of social and ecological functions of the Marais des Baux wetland in Southern France," Ecological Economics, Elsevier, vol. 69(12), pages 2383-2393, October.
    20. Veronesi, Marcella & Chawla, Fabienne & Maurer, Max & Lienert, Judit, 2014. "Climate change and the willingness to pay to reduce ecological and health risks from wastewater flooding in urban centers and the environment," Ecological Economics, Elsevier, vol. 98(C), pages 1-10.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:49:y:2017:i:6:p:521-533. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.