Cloud Computing & Internet of Services
Today, the service sector is one of the biggest and most important sectors in the business world. Innovations in information and communication technologies (ICT) possess a lot of potential to maintain and support economic growth in this field by transfroming services into tradable entities. Very promising is in fact one recent IT-trend: Cloud Computing. The cloud provides innovative distribution channels for services and hence leads to completely new business models in the Internet of Services. Thanks to Software-as-a-Service (SaaS), users can find platforms with a wide range of software offers without any launching or maintenance costs. Providers, on the other hand, get access to many potential customers without the administrative efforts of running a platform. The vision behind the Internet of Services is that services can be offered and used as easy as tangible products today.Current issues concerning the cloud exist above all due to the lack of standards.
We focus our research on realizing these standards and develop so called Next Generation Business Models, as we are convinced that Cloud Computing and eventually the Internet of Services contribute to a tremendous ease of workload for both users and providers of software services.