Economic Models for Managing Cloud Services

IEEE Computer Society Bangladesh Chapter has successfully arranged the “Economic Models for Managing Cloud Services” on 25th February 2018 from 5:00 ~ 6:30 pm along with Green Networking Research Group (GNR), CSEDU at the Center for Advanced Research in Arts and Social Sciences (CARASS) virtual classroom, University of Dhaka. The seminar was conducted by Dr. Sajib Mistry, Postdoctoral Research Fellow at the School of Information Technologies in the University of Sydney, Australia.
In the talk, the speaker focused on how the economically viable cloud market should maximize the long-term economic expectations of the providers while ensuring the delivery of the promised prices and required QoS to the consumers. The speaker introduced both the quantitative and qualitative economic models as optimization tools for the selection of long-term cloud service requests. The economic models fit almost intuitively in the way business is usually done and maximize the profit of a cloud provider for a long-term period.
Students, as well as faculties from various Departments and Universities attended the event. About 45+ participants attended the seminar. Moreover, three universities remotely participated in the seminar through BdREN virtual classroom facility. Dr. Md. Abdur Razzaque, Vice-chair (activity) of IEEE Computer Society Bangladesh Chapter introduced the speaker. At the closing, he handed over a crest to the speaker, along with Dr. Md. Atiqur Rahman Ahad, Secretary of IEEE CS BDC, Md. Ahsan Habib, Treasurer of IEEE CS BDC, and Sajeeb Saha, Newsletter Coordinator of IEEE CS BDC.

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